Futures Industry (Client Funds) Notice 1991

  • revoked
  • Futures Industry (Client Funds) Notice 1991: revoked, on 1 December 2014, by section 5(a) of the Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70).

Reprint
as at 1 December 2014

Coat of Arms of New Zealand

Futures Industry (Client Funds) Notice 1991

(SR 1991/43)

  • Futures Industry (Client Funds) Notice 1991: revoked, on 1 December 2014, by section 5(a) of the Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70).

Note

Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

This notice is administered by the Financial Markets Authority.

Pursuant to regulation 2(1) of the Futures Industry (Client Funds) Regulations 1990, the Securities Commission gives the following notice.

Notice

1 Title and commencement

  • (1) This notice may be cited as the Futures Industry (Client Funds) Notice 1991.

    (2) This notice shall come into force the day after the date of its notification in the Gazette.

2 Designation of property

  • The following types of property are hereby designated for the purposes of the Futures Industry (Client Funds) Regulations 1990—

    • (a) stock, bills, and other securities issued by the Government of the United States of America:

    • (b) stock, bills, and other securities issued by the Government of the Commonwealth of Australia.

Dated at Wellington this 13th day of March 1991.
The Common Seal of the Securities Commission was hereunto affixed in the presence of:

[Seal]

P D McKenzie,
Chairman.

Explanatory note

This note is not part of the notice, but is intended to indicate its general effect.

This notice designates stock, bills and other securities issued by the Governments of the United States of America and the Commonwealth of Australia as investments in which futures dealers can invest funds on behalf of their clients for the purposes of the Futures Industry (Client Funds) Regulations 1990.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 21 March 1991.

Reprints notes
1 General

  • This is a reprint of the Futures Industry (Client Funds) Notice 1991 that incorporates all the amendments to that notice as at the date of the last amendment to it.

2 Legal status

  • Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes
4 Amendments incorporated in this reprint

  • Financial Markets (Repeals and Amendments) Act 2013 (2013 No 70): section 5(a)