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Reserve Bank of New Zealand Act 2021

Miscellaneous provisions - Information-gathering power - Confidentiality

269: Publication or disclosure of information by Bank

You could also call this:

"When the Reserve Bank can share information with others"

Illustration for Reserve Bank of New Zealand Act 2021

The Reserve Bank of New Zealand has rules about sharing information. You need to know that the Bank can only share certain information if it is already public or if it is in a statistical form. The Bank can also share information if it is for a specific purpose, like doing its job, or if the person who gave the information says it is okay. The Bank can share information with someone who has a good reason to know it, but only if the Bank is sure the information will be kept secret. You should be aware that Bank staff must only share information for work purposes. No other law can force the Bank to share information, except the Official Information Act 1982, which you can find on the Official Information Act 1982 website. The Bank can share information under the Official Information Act 1982 if one of the special conditions is met. The Bank can also give information to the Government Statistician to help make official statistics or do research under the Data and Statistics Act 2022.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS320916.

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Part 6Miscellaneous provisions
Information-gathering power: Confidentiality

269Publication or disclosure of information by Bank

  1. This section applies to the following:

  2. information provided to the Bank under this subpart:
    1. information derived from or based on information referred to in paragraph (a).

      1. The Bank may publish or disclose any information to which this section applies only if—

      2. the information is available to the public under an Act (other than the Official Information Act 1982) or is otherwise publicly available information; or
        1. the information is in a statistical or summary form; or
          1. the publication or disclosure is for the purposes of, or in connection with, the performance or exercise of any function or power conferred or imposed on the Bank by this Act or any other legislation; or
            1. the publication or disclosure is made under subpart 3 (which relates to information sharing); or
              1. the publication or disclosure is to a person who the Bank is satisfied has a proper interest in receiving the information; or
                1. the publication or disclosure is with the consent of the person who supplied the information or to whom the information relates.

                  1. The Bank may not publish or disclose information under subsection (2)(e) unless satisfied that satisfactory provision exists to protect the confidentiality of the information.

                  2. A member, the Governor, any other office holder of the Bank, or any employee of the Bank must not publish or disclose any information to which this section applies except for the purposes of, or in connection with, the performance or exercise of any function or power under this Act or any other legislation.

                  3. Nothing in any legislation, other than this Act or the Official Information Act 1982, requires the Bank or any person to whom information has been published or disclosed under this section to make that information available to any other person.

                  4. The Bank may make information to which this section applies available under the Official Information Act 1982 only if 1 or more grounds under subsection (2) apply.

                  5. Nothing in this section limits or prevents the provision of information to the Government Statistician for the production of official statistics or research under the Data and Statistics Act 2022.

                  Notes
                  • Section 269(7): inserted, on , by section 107(1) of the Data and Statistics Act 2022 (2022 No 39).