New Zealand Legislation: Acts

4B Exemption from being issuer under section 4(1)(ba)

• (1) The FMA may, by notice in the Gazette, exempt—

  • (a) a person from being an issuer under section 4(1)(ba); or

  • (b) a class of persons from being issuers under section 4(1)(ba).

  (2) The exemption may be granted on any terms and conditions that the FMA thinks fit.

  (3) The FMA may vary or revoke an exemption in the same way as an exemption may be granted under this section.

  (4) Each notice published in the Gazette under this section is a regulation for the purposes of the Regulations (Disallowance) Act 1989 and the Acts and Regulations Publication Act 1989.

  Section 4B: inserted, on 18 June 2007, by section 6 of the Financial Reporting Amendment Act 2006 (2006 No 64).

  Section 4B(1): amended, on 1 May 2011, by section 82 of the Financial Markets Authority Act 2011 (2011 No 5).

  Section 4B(2): amended, on 1 May 2011, by section 82 of the Financial Markets Authority Act 2011 (2011 No 5).

  Section 4B(3): amended, on 1 May 2011, by section 82 of the Financial Markets Authority Act 2011 (2011 No 5).