This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 April 2014, make amendments to the Financial Markets Authority (Levies) Regulations 2012 (the principal regulations) to take account of the Financial Reporting Act 2013 (the Act) coming into effect on that date. In particular, they amend the definitions of the terms GAAP, group, overseas company, and subsidiary in the principal regulations so that they are consistent with the definitions of those terms in the Act.
Date of notification in Gazette: 27 February 2014.
These regulations are administered by the Ministry of Innovation, Business, and Employment.