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Reserve Bank of New Zealand Act 2021

Financial and accountability matters - Funding agreements and annual dividend - Annual dividend

214: Bank must publish matters relating to annual dividend

You could also call this:

"The Bank must share details about its yearly payment in its report."

Illustration for Reserve Bank of New Zealand Act 2021

The Bank has to put some information in its annual report. You will see the amount the Bank suggests to the Minister, which is found in section 213. The Bank also has to publish the Minister's decision about that amount.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS289880.

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Topics:
Money and consumer rights > Banking and loans
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213: Determination of annual dividend, or

"How the Reserve Bank decides its yearly payment to the Government"

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215: Interpretation for subpart, or

"What special words mean in this part of the law"

Part 5Financial and accountability matters
Funding agreements and annual dividend: Annual dividend

214Bank must publish matters relating to annual dividend

  1. The Bank must publish in its annual report—

  2. the amount it recommends to the Minister under section 213; and
    1. the determination made by the Minister under that section.

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