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Financial Markets Conduct Act 2013

Licensing and other regulation of market services - Disclosure obligations for certain services provided to retail investors

426A: Further prescribed information to be made available

You could also call this:

"Sharing important information when asked or at certain times"

Illustration for Financial Markets Conduct Act 2013

If you provide a market service, you must make certain information available. You do this when a prescribed person asks for it, or at set times, or when certain events happen. You must give the prescribed person the information that the regulations say you must provide. You also have to make some information publicly available at set times or when certain events happen. The information must be provided in the way that is prescribed.

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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=LMS28995.

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426: Disclosure statement, or

"A 'Disclosure statement' is a written document with important information about a service, including who is providing it and when."

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427: False or misleading statements and omissions, or

"Telling lies or hiding important information is not allowed"

Part 6Licensing and other regulation of market services
Disclosure obligations for certain services provided to retail investors

426AFurther prescribed information to be made available

  1. A licensee or an authorised body that provides the service must,—

  2. at the request of a prescribed person or at the prescribed times or on the occurrence of the prescribed events, make available to the prescribed person the information that is required to be made available under this section by the regulations; and
    1. at the prescribed times or on the occurrence of the prescribed events, make publicly available the information that is required to be made publicly available by the regulations.

      1. The information must be made available in the prescribed manner.

      Notes
      • Section 426A: inserted, on , by section 75 of the Regulatory Systems (Commercial Matters) Amendment Act 2017 (2017 No 12).