New Zealand Legislation: Regulations
Regulations are laws made under Acts
Reprint as at 1 May 2011
(SR 2006/358)
Anand Satyanand, Governor-General
At Wellington this 27th day of November 2006
Present:
His Excellency the Governor-General in Council
Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.
A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.
These regulations are administered by the Ministry of Economic Development.
Pursuant to section 228 of the KiwiSaver Act 2006, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.
Applications for approval as exempt employers
4 Purpose of regulation on exempt employer applications
5 Documents must provide supporting evidence with cross-references
Requirements for annual report and annual return on KiwiSaver scheme
6 Purpose of annual return regulations
7 When annual report must be provided to Government Actuary [Revoked]
8 When annual return must be provided to FMA and to what period it must relate
9 What is required in annual return
Requirement that KiwiSaver fees not be unreasonable
10 Purpose of regulations on KiwiSaver fees
11 Process for fees assessment by FMA
12 Relevant matters for fees assessment by FMA or court
13 Purpose of regulations on scheme provider agreements
14 Provider must enter into scheme provider agreement with Commissioner before registration
15 Scheme provider agreement may be reviewed every 7 years
16 Matters that must be covered by scheme provider agreements
Application of Financial Transactions Reporting Act 1996 to default KiwiSaver schemes
17 Purpose of regulation on application of Financial Transactions Reporting Act 1996
18 What must be treated as reasonable efforts under section 204 of Act
21 Mortgage diversion facility
22 Participation on terms consistent with principles in Act
23 Which types of mortgages qualify for participation in mortgage diversion facility
24 What member of KiwiSaver scheme must do first to participate in mortgage diversion facility
25 What mortgagee must do to participate in mortgage diversion facility
26 What member of KiwiSaver scheme must do next to participate in mortgage diversion facility
27 What scheme provider must do to participate in mortgage diversion facility
28 Termination of participation in mortgage diversion facility
29 How regulations affect trust deed
Qualifying person for withdrawal for purpose of purchase of first home
Exemption from regulation 7A(4) of Securities Regulations 1983
[Revoked]
32 Exemption from regulation 7A(4) of Securities Regulations 1983 [Expired]
