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Financial Markets Conduct Act 2013

Climate-related disclosures for certain FMC reporting entities with higher level of public accountability - Lodgement of climate statements

461ZI: Lodgement of climate statements

You could also call this:

"Sending climate reports to the government on time"

Illustration for Financial Markets Conduct Act 2013

If you are a climate reporting entity, you must give the Registrar some documents within 4 months after your balance date. You need to give the Registrar your climate statements or group climate statements that you had to prepare under sections 461Z to 461ZB, and the assurance practitioner's report on those statements. You can find more information about what you need to prepare in sections 461Z to 461ZB.

If you are a manager of a registered scheme and you are a climate reporting entity, you also need to give the Registrar some documents within 4 months after the scheme's balance date. You need to give the Registrar your climate statements that you had to prepare under section 461ZC, and the assurance practitioner's report on those statements.

If you do not give the Registrar the documents you are supposed to, you can get in trouble and have to pay a fine of up to $50,000. This is an infringement offence, which you can read more about in subpart 5 of Part 8.

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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=LMS775440.

Topics:
Environment and resources > Climate and energyBusiness > Industry rules
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461ZHE: Assurance practitioner may require information and explanations from director or employee, or

"Assurance practitioners can ask company directors or employees for information to help with climate reports"

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461ZJ: Information about climate statements of climate reporting entities to be made available in annual report, or

"Climate reporting entities must include climate statements in their annual reports."

Part 7AClimate-related disclosures for certain FMC reporting entities with higher level of public accountability
Lodgement of climate statements

461ZILodgement of climate statements

  1. Every climate reporting entity that is required to prepare climate statements or group climate statements under any of sections 461Z to 461ZB must ensure that, within 4 months after the balance date of the entity, copies of the following are delivered to the Registrar for lodgement:

  2. the climate statements or group climate statements that are required to be prepared; and
    1. the assurance practitioner’s report on those statements.

      1. Every manager that is a climate reporting entity in respect of a registered scheme must ensure that, within 4 months after the balance date of the scheme, copies of the following are delivered to the Registrar for lodgement:

      2. the climate statements that are required to be prepared under section 461ZC; and
        1. the assurance practitioner’s report on those statements.

          1. A climate reporting entity that contravenes this section commits an offence and is liable on conviction to a fine not exceeding $50,000.

          2. The offence in this section is an infringement offence (see subpart 5 of Part 8).

          Notes
          • Section 461ZI: inserted, on , by section 8 of the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021 (2021 No 39).
          • Section 461ZI(1): replaced, on , by section 26 of the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021 (2021 No 39).
          • Section 461ZI(2): replaced, on , by section 26 of the Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021 (2021 No 39).