Financial Service Providers (Registration and Dispute Resolution) Amendment Act 2010

Financial Service Providers (Registration and Dispute Resolution) Amendment Act 2010

Public Act2010 No 41
Date of assent30 June 2010
Commencementsee section 2

Contents

1 Title

2 Commencement

3 Principal Act amended

4 Purpose

5 Commencement

6 Overview

7 Interpretation

8 Meaning of financial service

9 New section 7 substituted

10 New section 8A inserted

11 No being in business of providing financial service unless registered

12 No holding out that in business of providing financial service unless registered

13 Qualifications for registration as financial service provider

14 Application to be registered as financial service provider

15 Registration of financial service provider

16 Duty to notify changes relating to financial service provider

17 Deregistration of financial service provider

18 Reregistration of financial service provider

19 Purpose of register

20 Contents of register

21 Annual confirmation

22 Registrar must amend register in certain circumstances

23 Registrar's inspection powers

24 Regulations under Part 1 and this Part

25 Section 46 repealed

26 Financial service provider must be member of dispute resolution scheme

27 New sections 49 to 49G substituted

28 Rules about approved dispute resolution scheme

29 Duty to co-operate and communicate information in certain circumstances

30 Appointment of reserve scheme

31 New section 72A inserted

32 Duty to co-operate and communicate information in certain circumstances

33 Section 77 and heading above section 77 repealed

34 New heading and new section 78A inserted

Levy

35 Regulations under this Part

36 New sections 79A and 79B and heading inserted

Pecuniary and compensatory orders for contravening wholesale certification requirement

37 Schedule 2 amended

Legislative history


The Parliament of New Zealand enacts as follows: