Financial Markets Conduct (New Zealand Business Numbers) Amendment Regulations 2019

  • latest version but not yet in force

2019/171

Coat of Arms of New Zealand

Financial Markets Conduct (New Zealand Business Numbers) Amendment Regulations 2019

Patsy Reddy, Governor-General

Order in Council

At Wellington this 29th day of July 2019

Present:
Her Excellency the Governor-General in Council

These regulations are made under subpart 1 of Part 9 of the Financial Markets Conduct Act 2013

(a)

on the advice and with the consent of the Executive Council; and

(b)

on the recommendation of the Minister of Commerce and Consumer Affairs made in accordance with section 549 of that Act.

Regulations

1 Title

These regulations are the Financial Markets Conduct (New Zealand Business Numbers) Amendment Regulations 2019.

2 Commencement

These regulations come into force on 2 September 2019.

3 Principal regulations

These regulations amend the Financial Markets Conduct Regulations 2014 (the principal regulations).

4 Regulation 5 amended (Interpretation)

In regulation 5(1), definition of New Zealand Business Number, delete “section 14 of”.

Rachel Hayward,
for the Clerk of the Executive Council.

Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come into force on 2 September 2019, amend the Financial Markets Conduct Regulations 2014. The amendment ensures that the definition of New Zealand Business Number includes all numbers allocated under the New Zealand Business Number Act 2016 (including a number allocated by the Registrar of New Zealand Business Numbers to an entity under section 15 of that Act without the entity needing to apply).

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 1 August 2019.

These regulations are administered by the Ministry of Business, Innovation, and Employment.