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Financial Markets Conduct Act 2013

Dealing in financial products on markets - Transfer of transferable financial products - Transfer of specified financial products by electronic means

378: Minor technical modifications to system

You could also call this:

"Make small technical changes to an approved system"

Illustration for Financial Markets Conduct Act 2013

You can make small technical changes to a system that has been approved by an Order in Council made under section 376. When you make these changes, the updated system is still considered approved by the order. The changes must be minor and technical in nature.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091548.

Topics:
Money and consumer rights > Banking and loansBusiness > Industry rules
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377: Specified financial products may be transferred under approved system, or

"Some investments can be bought or sold using a special approved system."

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379: Registration may not be refused on ground that financial products have been transferred under this subpart, or

"You can't be stopped from registering a transfer just because you followed the rules to transfer financial products."

Part 5Dealing in financial products on markets
Transfer of transferable financial products: Transfer of specified financial products by electronic means

378Minor technical modifications to system

  1. Modifications of a minor technical nature may, from time to time, be made to a system of transfer approved by an Order in Council made under section 376 and, in any such case, the system incorporating those modifications must be treated as having been approved by the order.

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