165 Management statements


The financial statements of the Bank shall be accompanied by a management statement signed by the Governor and the Deputy Governor.


The management statement shall comprise:


a statement of the management’s responsibility for the preparation of the annual financial statements and the judgments used in them:


a statement of the management’s responsibility for establishing and maintaining a system of internal control designed to provide reasonable assurance as to the integrity and reliability of financial reporting:


a statement that, in the opinion of the management, the annual financial statements for the financial year fairly reflect the financial position and operations of the Bank.

Section 165(1): amended, on 1 April 2019, by section 33 of the Reserve Bank of New Zealand (Monetary Policy) Amendment Act 2018 (2018 No 59).