Dated at Wellington this 16th day of June 2010.
Statement of reasons
This notice, which comes into force on the day after the date of its notification in the Gazette, revokes the Deposit Takers (Goldman Sachs JBWere Capital Markets Limited) Exemption Notice 2010. That notice exempted Goldman Sachs JBWere Capital Markets Limited from section 157I of the Reserve Bank of New Zealand Act 1989 (the Act), which requires a deposit taker (within the meaning of the Act) to have a current credit rating.
Goldman Sachs JBWere Capital Markets Limited has now obtained a current credit rating and the exemption is no longer required.
Date of notification in Gazette: 24 June 2010.
This notice is administered by the Reserve Bank of New Zealand.