New Zealand Legislation: Acts

24 How disclosure must be made by authorised financial adviser

• (1) Disclosure by an authorised financial adviser must be made in a disclosure statement.

  (2) The disclosure statement must—

  • (a) be in writing; and

  • (b) state when it was prepared; and

  • (c) state the name, address, and business telephone number of the financial adviser; and

  • (d) be either received by the client, or delivered or sent to the client, at the client’s last known address or an address (including an electronic address) specified by the client for this purpose; and

  • (e) comply with regulations prescribing the form of the statement.

  (3) Subject to subsection (2), regulations may prescribe the form of the statement.