If you are a licensed deposit taker, you can change a remedial plan that the Bank has already approved. You can only make these changes if the Bank agrees to them. The Bank's rules for changing a remedial plan do not affect what is said in section 121.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS496764.
A licensed deposit taker may also, at any time, amend a remedial plan that has been approved by the Bank, but only with the Bank’s approval.
This section does not limit section 121.
