New Zealand Legislation: Bills

20 Notification of deregistration of financial service provider

• If the Registrar proceeds with deregistration deregisters a financial service provider, the Registrar must notify—

  • (a) the financial service provider of the deregistration and, stating the provider’s right of appeal to the High Court against the deregistration under section 41; and

  • (b) any relevant licensing authority of the deregistration; and

  • (c) the public, by a notice that is publicly available on an Internet site (at all reasonable times) for not less than 20 working days.