New Zealand Legislation: Supplementary Order Papers
Supplementary Order Papers (SOPs) are proposed amendments to Bills
Supplementary Order Papers (SOPs) are proposed amendments to Bills
New clause 18A
To insert the following clause after clause 18 (after line 35 on page 80):
18A No requirement to be member of approved dispute resolution scheme if employer is member
(1) This section applies where a person (A) employs another person (B) as employee to perform a financial adviser service in the course of A's business for A's client or clients.
(2) In any case to which this section applies, B must not be required to be a member of an approved dispute resolution scheme for the purposes of registration under the FSP Act.
(3) Subsection (2) applies no matter what the FSP Act says.