New Zealand Legislation: Regulations

17 Minimum requirements for grant application forms

• (1) A licence holder to which this Part applies must ensure that its application form for grants from net proceeds requires the following information from a grant applicant:

  • (a) the applicant’s name and contact details:

  • (b) the legal personality of the applicant and, if the applicant is not a natural person, the purpose of the applicant and the name and contact details (including a street address) of a contact person:

  • (c) specific reasons for the grant application:

  • (d) the total amount of money sought by the applicant:

  • (e) evidence supporting the total amount sought (for example, competitive quotes for goods or services to be paid for by the grant):

  • (f) whether the applicant has applied for funds for the same specific purpose from another source:

  • (g) whether the applicant is registered for goods and services tax and, if so, its goods and services tax number:

  • (h) the applicant’s bank account details.

  (2) A licence holder must ensure that its application form for grants from net proceeds requires,—

  • (a) if the applicant is not a natural person, 2 representatives of the applicant to make declarations that—

    • (i) the information provided in the application form is true and correct to the best of their knowledge; and

    • (ii) they have the authority to make the application on behalf of the applicant; or

  • (b) if the applicant is a natural person, that the applicant makes a declaration that the information provided in the application form is true and correct to the best of his or her knowledge.

  (3) A licence holder may require a grant applicant to provide further relevant information.

  (4) A licence holder must ensure that its application form for grants from net proceeds makes provision to record whether the application is approved or declined and, if a grant application is approved,—

  • (a) the amount approved; and

  • (b) the date of the approval; and

  • (c) the cheque number or details of the direct debit corresponding to the grant; and

  • (d) the grant number; and

  • (e) the signatures of the persons approving the grant.