When you look at instruments that are part of this subpart, they are considered secondary legislation, which has its own publication requirements as outlined in Part 3 of the Legislation Act 2019. You can find more information about what this means by reading the act. The Financial Markets Authority's reasons for making an instrument must be published together with the instrument.

The FMA has to explain why they made the instrument and why it is appropriate. This explanation is published with the instrument so you can understand the reasoning behind it. This helps you know what the instrument is about and why it was created.