Financial Markets Legislation (Phase 2) Commencement Order 2014
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2014/325
Financial Markets Legislation (Phase 2) Commencement Order 2014
Jerry Mateparae, Governor-General
Order in Council
At Wellington this 3rd day of November 2014
Present:
His Excellency the Governor-General in Council
Contents
2 Commencement of certain provisions of Financial Markets Conduct Act 2013
3 Commencement of certain provisions of Financial Markets (Repeals and Amendments) Act 2013
Order
1 Title
This order is the Financial Markets Legislation (Phase 2) Commencement Order 2014.
2 Commencement of certain provisions of Financial Markets Conduct Act 2013
The remaining provisions of the Financial Markets Conduct Act 2013 that have not earlier been brought into force come into force on 1 December 2014 except—
(a) section 310:
(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.
3 Commencement of certain provisions of Financial Markets (Repeals and Amendments) Act 2013
The remaining provisions of the Financial Markets (Repeals and Amendments) Act 2013 that have not earlier been brought into force come into force on 1 December 2014 except the amendment in Part 1 of the Schedule inserting, by substitution, a new section 3(1)(h) of the Financial Transactions Reporting Act 1996.
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 most of the remaining provisions of the Financial Markets Conduct Act 2013 and the Financial Markets (Repeals and Amendments) Act 2013 (the principal Acts) into force on 1 December 2014.
Some provisions of the principal Acts came into force on the day after the day on which those Acts received the Royal assent. Other provisions came into force by virtue of the Financial Markets Legislation (Phase 1) Commencement Order 2014.
This order brings—
the remaining provisions of the Financial Markets Conduct Act 2013 into force on 1 December 2014 except section 310 and clause 42(7) and (8) of Schedule 4:
the remaining provisions of the Financial Markets (Repeals and Amendments) Act 2013 into force on 1 December 2014 except the amendment inserting new section 3(1)(h) of the Financial Transactions Reporting Act 1996.
Date of notification in Gazette: 4 November 2014.
This order is administered by the Ministry of Business, Innovation, and Employment.
Versions
Financial Markets Legislation (Phase 2) Commencement Order 2014
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