New Zealand Legislation: Regulations

9 Conditions of exemption in clause 8

• The exemption in clause 8 is subject to the conditions that—

  • (a) the registered prospectus for the specified securities must contain the following information and statements:

    • (i) a statement that “[name of issuer] has a guarantee under the New Zealand deposit guarantee scheme”; and

    • (ii) a statement to the effect that further information about the deposit guarantee scheme is available, free of charge and at all reasonable times, on the Internet site maintained by, or on behalf of, the Treasury; and

    • (iii) a statement to the effect that the most recent audited statement of financial position of the Crown is available, free of charge and at all reasonable times, on the Internet site maintained by, or on behalf of, the Treasury; and

    • (iv) any other information or statement that is necessary to avoid misleading or confusing investors about the application of the Crown guarantee (whether in respect of the issuer or any products of the issuer); and

  • (b) the registered prospectus must not contain any information, sound, image, or other matter that is inconsistent with information published about the deposit guarantee scheme on the Internet site maintained by, or on behalf of, the Treasury.