If the Bank approves a remedial plan, you must take all reasonable steps to comply with it. This means you have to follow the plan, whether it was first provided or changed later. You need to do what the plan says to fix any problems.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS496751.
If the Bank approves a remedial plan (whether as first provided or after amendment), the licensed deposit taker must take all reasonable steps to comply with the remedial plan.
