When you are in court for something related to the Financial Markets Conduct Act 2013, you follow the usual rules of court. The rules of evidence and procedure for civil cases apply to you. This includes the standard of proof, which is the level of evidence needed to prove something in a civil case.
You can find more information about similar rules in the 1986 Act. The court uses these rules to make sure everything is fair. This helps the court make decisions in civil cases.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM4091738.
508: Limitation defences, or
"When you make a claim, the other person can say it's too late because of time limits."
510: Offence of knowingly or recklessly contravening prohibition on offers where defective disclosure in PDS or register entry, or
"Breaking the rules about giving true information when selling financial products is a serious offence"
The proceedings under this subpart are civil proceedings and the usual rules of court and rules of evidence and procedure for civil proceedings apply (including the standard of proof).
