New Zealand Legislation: Regulations

14 Provider must enter into scheme provider agreement with Commissioner before registration

• (1) Each provider must enter into a scheme provider agreement with the Commissioner that covers the matters set out in regulation 16 to the Commissioner’s satisfaction for the relevant scheme before registration of the scheme as a KiwiSaver scheme.

  (2) This regulation does not mean that the scheme provider agreement is not freely and voluntarily entered into by the parties to the agreement.