Financial Advisers Bill 192-2 (2007), Government Bill

  • enacted
19 Disclosure in relation to indemnity insurance
  • A financial adviser who gives financial advice in relation to acquiring or disposing of (or not acquiring or disposing of) securities must disclose whether the financial adviser has professional indemnity insurance, and the nature and scope of that insurance.

    Compare: 1988 No 234 s 41B(d)