If you are a resolution manager, you must follow any written directions from the Bank. These directions are about how you do your job or use your powers. You can find more information about this by looking at the link to a related law.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS537207.
352: Resolution manager must act to further purposes of this Part, or
"The resolution manager must work to achieve the main goals of this law."
354: Resolution manager must consult and have regard to Bank advice, or
"Resolution manager must talk to the Bank and consider their advice when making decisions."
A resolution manager must comply with any directions given in writing by the Bank relating to the manager’s performance or exercise of any functions, powers, or duties.
