Deposit Takers Act 2023

Licensing of deposit takers - Issue of licences

22: Bank must keep register of licensed deposit takers

You could also call this:

"The Bank must keep a public list of licensed deposit takers that you can easily find and access."

Illustration for Deposit Takers Act 2023

The Bank has to keep a list of all the licensed deposit takers. This list is called a public register and it is for everyone to see. The Bank must make sure you can find this information on their website.

The Bank needs to make sure the information on the list is correct and easy to find. They have to do everything they reasonably can to make the list available on their Internet site. This way, you can look at the list whenever you want to.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS472202.


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21: Notice of decision, or

"The Bank tells you yes or no about your licence and explains why."


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23: Form and content of register, or

"What's in the list of licensed deposit takers and how it's organised"

Part 2Licensing of deposit takers
Issue of licences

22Bank must keep register of licensed deposit takers

  1. The Bank must keep a public register of licensed deposit takers.

  2. The Bank must take all reasonable steps to ensure that the information contained in the public register is available through the Bank’s Internet site.