New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) The exemptions in clause 6 are subject to the condition that written information contained in an advertisement distributed by film or television must be displayed clearly and prominently, and for a sufficient time for the information to be read.
(2) If the advertisement refers to a Crown guarantee—
(a) within the meaning of the Securities Act (New Zealand Deposit Guarantee Scheme) Exemption Notice 2008 and the issuer is relying on that notice, the exemptions in clause 6 are also subject to the conditions set out in clause 6(b) to (e) of that notice:
(b) within the meaning of the Securities Act (Crown Retail Deposit Guarantee Schemes) Exemption Notice 2010 and the issuer is relying on that notice, the exemptions in clause 6 are also subject to the conditions set out in clause 6(1)(b) to (e) of that notice.
Clause 7(2): substituted, on 21 May 2010, by clause 12(3) of the Securities Act (Crown Retail Deposit Guarantee Schemes) Exemption Notice 2010 (SR 2010/120).
