Registration of banks

69 Register

(1)

The Bank must keep a public register of persons known as registered banks.

(2)

The Bank must determine the form of the register and may amend the form from time to time as it considers necessary.

(2A)

The register must include—

(a)

the name of each registered bank; and

(b)

the current rating of each registered bank under section 80 (if any); and

(c)

any other prescribed information.

(3)

The Bank must take all reasonable steps to ensure that the information contained in the public register is available to members of the public at all reasonable times.

Section 69: replaced, on 1 November 2006, by section 7 of the Reserve Bank of New Zealand Amendment Act 2006 (2006 No 51).

Section 69(2A): inserted, on 4 September 2013, by section 4 of the Reserve Bank of New Zealand Amendment Act 2013 (2013 No 62).