Financial Markets Conduct Act 2013

Dealing in financial products on markets - Disclosure of interests of substantial product holders in listed issuers - Tracing and disclosure of interests in listed issuers

295: Notice under this subpart not to affect incorporation of listed issuer or constitute notice of trust

You could also call this:

"Following these rules doesn't change how your company was set up or mean you know about others' financial rights."

Illustration for Financial Markets Conduct Act 2013

If you are a listed issuer, nothing in this part of the law affects how your company was set up. You can still follow the rules in section 92, 93, or 94 of the Companies Act 1993. If you do things as required by this part of the law, it does not mean you know about other people's rights to certain financial products. You are not expected to find out about the rights of other people just because you are following this part of the law.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091433.


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294: No liability for publication of substantial holdings, or

"You're not in trouble if you share wrong information by mistake, as long as you didn't know it was wrong."


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296: Purposes of subpart, or

"This part of the law helps companies be fair and stops unfair trading in financial markets."

Part 5Dealing in financial products on markets
Disclosure of interests of substantial product holders in listed issuers: Tracing and disclosure of interests in listed issuers

295Notice under this subpart not to affect incorporation of listed issuer or constitute notice of trust

  1. Nothing in, or done under, this subpart—

  2. affects the incorporation of a listed issuer; or
    1. limits section 92, 93, or 94 of the Companies Act 1993.
      1. A listed issuer is not, because of anything done for the purposes of this subpart, affected with notice of, or put on inquiry as to, the rights of any person in relation to any financial products.

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