KiwiSaver Regulations 2006 (SR 2006/358) (as at 01 May 2011)

Regulation by clause

3 Interpretation
  • In these regulations, unless the context otherwise requires,—

    Act means the KiwiSaver Act 2006

    fees assessment has the meaning set out in regulation 10

    net assets, in relation to a KiwiSaver scheme, means the market value of the scheme assets, net of borrowings, at the close of the financial year to which the annual report relates

    scheme assets means, in relation to a KiwiSaver scheme, the assets of the scheme held on behalf of members.

    Regulation 3 administration manager: revoked, on 1 May 2011, by section 56 of the KiwiSaver Amendment Act 2011 (2011 No 8).