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Financial Advisers Amendment Bill

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Hon Simon Power

Financial Advisers Amendment Bill

Government Bill

13—3B

As reported from the committee of the whole House

Contents

Bill note

Key

1 Title

2 Commencement

·····

16 Principal Act amended

16A Meaning of financial advice clarified

16B Individual who is QFE employee or agent

16C Employer or principal of financial adviser must be registered

16D Disclosure by qualifying financial entity

16E New section 75 substituted

75 Exemption from liability for employee or agent of QFE

17 Commissioner's approval of draft code

17AA Investigation by Commission

17AAB Content of disciplinary committee's notice of complaint

17A Offence of performing financial adviser service without being registered

18 Right of appeal

19 Territorial scope

19A New section 161A inserted

161A Financial Service Providers (Registration and Dispute Resolution) Act 2008 amended

20 Securities Markets Act 1988 amended

Legislative history


The Parliament of New Zealand enacts as follows:

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