New Zealand Legislation: Regulations

12 Consequential amendments to Securities Act (Audiovisual Advertisements) Exemption Notice 2002

• (1) This clause amends the Securities Act (Audiovisual Advertisements) Exemption Notice 2002.

  (2) Clause 5(d) is amended by inserting “or the Securities Act (New Zealand Deposit Guarantee Scheme) Exemption Notice 2008” after “but for this notice”.

  (3) Clause 7 is amended by adding the following subclause as subclause (2):

  • “(2) If the advertisement refers to the Crown guarantee (within the meaning of the Securities Act (New Zealand Deposit Guarantee Scheme) Exemption Notice 2008), the exemptions in clause 6 are also subject to the conditions set out in clause 6(b) to (e) of that notice.”