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Financial Markets Conduct Act 2013

Licensing and other regulation of market services - Regulating conduct of financial institutions - Miscellaneous provisions

446U: Revocation of certification

You could also call this:

"How to cancel a certificate for a financial service"

Illustration for Financial Markets Conduct Act 2013

You can revoke a certificate given under section 446T(3) for a service by telling the financial institution that provides it. You do this by giving them a signed notice saying you want to revoke the certificate. This revocation only applies to services provided after you give the notice. You give the notice to the financial institution that provides the service. The revocation does not affect services provided before you gave the notice.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1428522.

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Part 6Licensing and other regulation of market services
Regulating conduct of financial institutions: Miscellaneous provisions

446URevocation of certification

  1. A person may revoke a certificate given under section 446T(3) in relation to a relevant service by giving to the financial institution that provides the service a signed notification to that effect.

  2. A revocation is effective only in relation to a service provided after it is given.

Notes
  • Section 446U: inserted, on , by section 12 of the Financial Markets (Conduct of Institutions) Amendment Act 2022 (2022 No 36).