Part 7Crisis management and resolution
Resolution of licensed deposit takers and associated persons
274Resolution of licensed deposit takers and associated persons
The Governor-General may, by Order in Council, on the advice of the Minister given in accordance with a recommendation of the Bank,—
- declare that a licensed deposit taker (A) is in resolution; and
- declare that 1 or more associated persons of a licensed deposit taker are in resolution.
Compare
- 1989 No 157 s 117(1)


