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Act In force Latest version as at 03 September 2007 (as enacted) | 1999 No 22 | Administered by Reserve Bank of New Zealand

Reserve Bank of New Zealand Amendment Act 1999

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Act In force Latest version as at 03 September 2007 (as enacted) | 1999 No 22 | Administered by Reserve Bank of New Zealand

Reserve Bank of New Zealand Amendment Act 1999

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Reserve Bank of New Zealand Amendment Act 1999

Public Act 1999 No 22
Date of assent 26 April 1999

Contents

BE IT ENACTED by the Parliament of New Zealand as follows:

1 Short Title
2 Statutory management of registered banks and associated persons

  • This section inserted s 117(4) and (5) of the principal Act.

3 Moratorium

  • (1) This subsection amended s 122(5) and (6) of the principal Act.

    (2) This subsection inserted s 122(7) of the principal Act.

4 Statutory manager may suspend payment of money owing

  • (1) This subsection amended s 127(3) of the principal Act.

    (2) This subsection inserted s 127(4) of the principal Act.

5 Management of registered bank to vest in statutory manager

  • This section amended s 128(1) of the principal Act.

6 Application of certain provisions of Companies Act 1993

  • (1) This subsection amended s 139(1) of the principal Act.

    (2) This subsection substituted Section 139(1)(c) of the principal Act.

7 Termination of statutory management

    • (b) This paragraph amended s 144(5) of the principal Act.

    • (c) This paragraph amended s 144(5)(a) and (b) of the principal Act.

    • (d) This paragraph amended s 144(6)(a) of the principal Act.

    • (e) This paragraph amended s 144(6)(b) and (c) of the principal Act.
Act In force Latest version as at 03 September 2007 (as enacted)

Reserve Bank of New Zealand Amendment Act 1999

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