New Zealand Legislation: Bills

20 How disclosure must be made

• (1) Disclosure under this Part must be made in a disclosure statement.

  (2) The disclosure statement must—

  • (a) be in writing; and

  • (b) state when it was prepared; and

  • (c) state the name, address, and business telephone number of the financial adviser; and

  • (d) be either received by the client, or delivered or sent to the client, at the client’s last known address or an address (including an electronic address) specified by the client for this purpose; and

  • (e) comply with any regulations prescribing the form or the contents of the statement.

  Compare: 1988 No 234 s 41J