The Bank has to look after and organise payments of compensation. You can think of the Bank like a manager who makes sure people get the compensation they are owed. The Bank's job is to manage these payments according to the rules in this part of the 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=LMS559251.
382: Bank must make available public information if compensation notice cannot be sent, or
"Banks must share public information if they can't send you a compensation notice."
384: Bank must pay in accordance with regulations, or
"Banks must pay you money they owe you in a way that follows the rules."
The Bank must manage and administer payments of compensation under this subpart.
