Reserve Bank of New Zealand Act 2021
Reserve Bank of New Zealand - Board of Bank and its members - Collective duties of board
48: Subsidiaries and other interests
"The Bank must follow rules about companies it owns or is involved with."
The board makes sure the Bank follows the rules in subpart 8. You can find these rules at subpart 8. The board has to ensure the Bank complies with these rules.
This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.
View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS287075.
This page was last updated on — View changes
Previous
47: Bank must operate in financially responsible manner, or
"The Bank must be careful with its money and follow the rules."
Next
49: Board must have regard to financial policy remit when acting in relation to prudential strategic intentions and prudential standards, or
"The Bank's board must consider the financial plan when making decisions about financial rules and goals."