New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) Each registered financial service provider must supply to the Registrar each year by the due date an annual confirmation of details relating to that provider.
(2) The annual confirmation must—
(a) be in the form (if any) required by the Registrar and be accompanied by the prescribed fee (if any); and
(b) confirm that the provider is not disqualified under section 14; and
(c) contain, or be accompanied by, any other prescribed information or documents.
(3) If a registered financial service provider does not comply with subsection (1) by the due date, the Registrar may assume that the provider is no longer in the business of providing a financial service and sections 18 to 20 apply.