Financial Markets Legislation (Phase 3) Commencement Order 2015

2015/252

Coat of Arms of New Zealand

Financial Markets Legislation (Phase 3) Commencement Order 2015

Jerry Mateparae, Governor-General

Order in Council

At Wellington this 27th day of October 2015

Present:
His Excellency the Governor-General in Council

Pursuant to section 2 of the Financial Markets Conduct Act 2013, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following order.

Order

1 Title

This order is the Financial Markets Legislation (Phase 3) Commencement Order 2015.

2 Commencement of specified provisions of Financial Markets Conduct Act 2013

The following provisions of the Financial Markets Conduct Act 2013 come into force on 1 December 2015:

(b)

section 597 in so far as it relates to clause 42(7) and (8) of Schedule 4:

(c)

clause 42(7) and (8) of Schedule 4.

Michael Webster,
Clerk of the Executive Council.

Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order brings the remaining provisions of the Financial Markets Conduct Act 2013 into force on 1 December 2015. These provisions relate to financial product market licences.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 29 October 2015.

This order is administered by the Ministry of Business, Innovation, and Employment.