Financial Transactions Reporting (Interpretation) Regulations 1997

  • revoked
  • Financial Transactions Reporting (Interpretation) Regulations 1997: revoked, on 17 October 2009, by section 161(3) of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (2009 No 35).

Reprint
as at 17 October 2009

Financial Transactions Reporting (Interpretation) Regulations 1997

(SR 1997/48)

Michael Hardie Boys, Governor-General

Order in Council

At Wellington this 24th day of March 1998

Present:
The Right Hon J B Bolger in Council

  • Financial Transactions Reporting (Interpretation) Regulations 1997: revoked, on 17 October 2009, by section 161(3) of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (2009 No 35).


Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.

A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.

These regulations are administered in the Ministry of Justice.


Pursuant to section 56(1)(e) of the Financial Transactions Reporting Act 1996, His Excellency the Governor-General, acting by and with the advice and consent of the Executive Council, and on the recommendation of the Minister of Justice, makes the following regulations.

Regulations

1 Title and commencement
  • (1) These regulations may be cited as the Financial Transactions Reporting (Interpretation) Regulations 1997.

    (2) These regulations come into force on 1 April 1997.

2 Term deposit account deemed not to be facility
  • (1) For the purposes of this regulation, a term deposit account is an account or arrangement—

    • (a) that is provided by a financial institution; and

    • (b) under which a fixed sum is or may be placed on deposit for a fixed term, whether or not all or part of the fixed sum is able to be withdrawn before the fixed term expires.

    (2) For the purposes of the Financial Transactions Reporting Act 1996, a term deposit account is deemed not to be a facility.

Marie Shroff,
Clerk of the Executive Council.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 27 March 1997.


Contents

  • 1General

  • 2About this eprint

  • 3List of amendments incorporated in this eprint (most recent first)


Notes
1 General
  • This is an eprint of the Financial Transactions Reporting (Interpretation) Regulations 1997. It incorporates all the amendments to the regulations as at 17 October 2009. The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 3 September 2007.

    Relevant provisions of any amending enactments that contain transitional, savings, or application provisions are also included, after the principal enactment, in chronological order. For more information, see http://www.pco.parliament.govt.nz/reprints/.

2 About this eprint
  • This eprint has not been officialised. For more information about officialisation, please see Making online legislation official under Status of legislation on this site in the About section of this website.

3 List of amendments incorporated in this eprint (most recent first)
  • Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (2009 No 35): section 161(3)