Financial Advisers Act Commencement Order 2008

  • revoked
  • Financial Advisers Act Commencement Order 2008: revoked, on 15 March 2021, pursuant to section 97(1) of the Financial Services Legislation Amendment Act 2019 (2019 No 8).

Reprint as at 15 March 2021

Coat of Arms of New Zealand

Financial Advisers Act Commencement Order 2008

(SR 2008/412)

Financial Advisers Act Commencement Order 2008: revoked, on 15 March 2021, pursuant to section 97(1) of the Financial Services Legislation Amendment Act 2019 (2019 No 8).

Anand Satyanand, Governor-General

Order in Council

At Wellington this 20th day of October 2008

Present:
The Right Hon Helen Clark presiding in Council

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 order is administered by the Ministry of Economic Development.

Pursuant to section 2 of the Financial Advisers Act 2008, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following order.

Order

1 Title

This order is the Financial Advisers Act Commencement Order 2008.

2 Commencement of various provisions of Financial Advisers Act 2008

Part 1 and sections 7 to 13, 78 to 95, 152 to 155, and 163(1) to (6) of the Financial Advisers Act 2008 come into force on 5 December 2008.

Rebecca Kitteridge,
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 certain machinery provisions of the Financial Advisers Act 2008 into force on 5 December 2008, in advance of the commencement of the main Act. The relevant provisions are—

  • the preliminary provisions in Part 1:

  • certain other outline and interpretation provisions, for example, about who are financial advisers and what is financial advice:

  • provisions relating to the Commissioner for Financial Advisers and to the committee that has the function of producing a code of professional conduct for financial advisers:

  • certain regulation-making and fee-making powers:

  • certain amendments to the Securities Act 1978 in relation to the functions and membership of the Securities Commission.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 23 October 2008.

Reprints notes
1 General

This is a reprint of the Financial Advisers Act Commencement Order 2008 that incorporates all the amendments to that order 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

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint

Financial Services Legislation Amendment Act 2019 (2019 No 8): section 97(1)