New Zealand Legislation: Acts

164 Securities Markets Act 1988 amended

• (1) This section amends the Securities Markets Act 1988.

  (2) Section 2(1) is amended by repealing the following definitions: advertisement, advice advertisement, broker advertisement, investment advice and advice, investment adviser and adviser, investment advisers' disclosure obligations and investment advisers’ obligations, investment broker and broker, investment brokers’ disclosure obligations and investment brokers’ obligations, investment brokers' service, investment money and money, and investment property and property.

  (3) Paragraph (e) of the definition of security in section 2(1) is repealed.

  (4) Part 4 is repealed.

  (5) Sections 42B(d), 42D, 42E, 42G(3)(b), 42N(b), 42P(c), 42S(f), 42T(2)(b), 42ZC, 42ZD, 43D, 43E(1)(a), 43E(3)(a) and (b), and 43K to 43N are repealed.

  (6) [Repealed]

  (7) Sections 48(1)(c) and 49C are repealed.

  Section 164(6): repealed (without coming into force), on 28 July 2009, by section 16 of the Financial Advisers Amendment Act 2009 (2009 No 24).