New Zealand Legislation: Regulations

14 Further conditions of exemption from clause 14(1) of Schedule 2 of Regulations

• The exemption in clause 5(d) from clause 14(1) of Schedule 2 is subject to the following further conditions:

  • (a) Flight Centre gives to every eligible person to whom the offer is made a document that contains the information that, but for the exemption under clause 5(d), would be required by clause 14(1) of Schedule 2 of the Regulations to be contained in the registered prospectus; and

  • (b) the registered prospectus contains all terms of the offer and of the notes except—

    • (i) those implied by law; or

    • (ii) those set out in a document that is registered with a public official, is available for inspection, and is referred to in the registered prospectus.