New Zealand Legislation: Bills
Bills are proposed Acts
(1) The Registrar must deregister a financial service provider after a notice period in accordance with sections 18 and 19, if the Registrar is satisfied that the provider is no longer—
(a) qualified to be registered in accordance with section 12; or
(b) providing or offering to provide a financial service.
(2) The Registrar must deregister a financial service provider if the provider so requests, with effect from the date requested by the provider. The Registrar must notify any relevant licensing authority of this deregistration.
(3) For the purposes of this section and sections 18 and 19, notice period means 20 working days from the date of the Registrar’s notification under section 18.
