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Reserve Bank of New Zealand Act 2021

Financial and accountability matters - Reporting obligations - Reporting: annual report

239: Obligation to prepare, present, and publish annual report

You could also call this:

"The Reserve Bank must write and share a yearly report on what they've done."

Illustration for Reserve Bank of New Zealand Act 2021

You need to know what the Reserve Bank of New Zealand does each year. The Bank must give a report to the Minister within 3 months after the end of each financial year. The Minister gets the report and must show it to the House of Representatives within 5 working days, or as soon as possible if Parliament is not in session. The Bank must then make the report public as soon as possible, but no later than 10 working days after the Minister gets it, and they must follow any instructions given under section 259.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS287285.

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240: Form and content of annual report, or

"What the Reserve Bank's annual report must include"

Part 5Financial and accountability matters
Reporting obligations: Reporting: annual report

239Obligation to prepare, present, and publish annual report

  1. The Bank must provide to the Minister an annual report on the affairs of the Bank within 3 months after the end of each financial year.

  2. The Minister must present the Bank’s annual report to the House of Representatives within 5 working days after the Minister receives the annual report or, if Parliament is not in session, as soon as possible after the commencement of the next session of Parliament.

  3. The Bank must publish its annual report as soon as practicable after it has been presented to the House of Representatives, but in any case not later than 10 working days after the annual report is received by the Minister, in a manner consistent with any instructions given under section 259.

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