This note is not part of the order, but is intended to indicate its general effect.
This order brings into force sections 94 to 101 of the Non-bank Deposit Takers Act 2013 (the Act) on 1 December 2014. Those sections relate to amendments to the Act that are required as a consequence of provisions of the Financial Markets Conduct Act 2013 coming into force on 1 December 2014. On that date, all of the provisions of the Act will have commenced except for section 91(2) and (4) (which comes into force on 1 May 2015 under section 2(3) of the Act).
Date of notification in Gazette: 4 November 2014.
This order is administered by the Reserve Bank of New Zealand.