Deposit Takers Act 2023

Repeals and amendments to other Acts - Amendments to Financial Markets Conduct Act 2013

486: Section 6 amended (Interpretation)

You could also call this:

"We're updating section 6 to include a new definition of "licensed deposit taker" to help you understand the law."

Illustration for Deposit Takers Act 2023

When you look at section 6, you will see some changes. You need to add a new definition to section 6 in the right order. This new definition is for the term "licensed deposit taker", which means the same as in section 6 of the Deposit Takers Act 2023.

You will find the meaning of "licensed deposit taker" in the Deposit Takers Act 2023. This Act has its own definition of the term. The definition in section 6 is the same as the one in the Deposit Takers Act 2023.

The term "licensed deposit taker" is now defined in section 6. This definition is important for understanding the law. It helps you know what the law means by "licensed deposit taker".

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS495522.


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485: Principal Act, or

"Changes to other laws, like the Financial Markets Conduct Act 2013"


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487: Section 22 amended (False or misleading representations), or

"Stopping people from making false claims about deposits is now clearer in the law."

Part 9Repeals and amendments to other Acts
Amendments to Financial Markets Conduct Act 2013

486Section 6 amended (Interpretation)

  1. In section 6(1), insert in its appropriate alphabetical order:

    licensed deposit taker has the same meaning as in section 6 of the Deposit Takers Act 2023