This note is not part of the order, but is intended to indicate its general effect.
This order brings into force, on 1 December 2010, section 157L of the Reserve Bank of New Zealand Act 1989. This section sets out requirements relating to governance that must be complied with by entities that are deposit takers for the purposes of Part 5D of the Act.
Date of notification in Gazette: 24 June 2010.
This order is administered by the Reserve Bank of New Zealand.