You do not have to pay a levy if you are a licensed deposit taker and certain regulations apply to you. These regulations are referred to in section 192(2)(c). This means that some deposit takers do not have to follow the rules in this part of the law about paying a levy.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS720665.
This subpart does not apply to a licensed deposit taker to which regulations referred to in section 192(2)(c) apply.
