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Deposit Takers Act 2023

Repeals and amendments to other Acts - Amendments to Reserve Bank of New Zealand Act 2021

484: Section 240 amended (Form and content of annual report)

You could also call this:

"Annual reports now include more financial details and checks to ensure the information is correct."

Illustration for Deposit Takers Act 2023

When you look at the annual report, you will see some new information. The report now includes the financial statements of the depositor compensation fund. You can find out more about what is required in the financial statements by looking at subpart 9 of Part 6 of the Deposit Takers Act 2023.

The report also includes a statement of responsibility and an audit report for the financial statements. This means that the people in charge of the fund have to say that the information is correct and an auditor has to check it. The auditor's report will say if the information is accurate or not.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS505011.

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Part 9Repeals and amendments to other Acts
Amendments to Reserve Bank of New Zealand Act 2021

484Section 240 amended (Form and content of annual report)

  1. After section 240(1)(n), insert:

  2. the financial statements of the depositor compensation fund, and the statement of responsibility and audit report for those statements, required under subpart 9 of Part 6 of the Deposit Takers Act 2023; and

    Notes