Explanatory note
This note is not part of the regulations, but is intended to indicate their general effect.
These regulations include an amendment to the exemption relating to financial advice. That exemption now relates to agreements for the issue or sale of financial products that result from offers through financial advice providers that are acting in the ordinary course of business.
Issued under the authority of the Legislation Act 2012.
Date of notification in Gazette: 17 December 2020.
These regulations are administered by the Ministry of Business, Innovation, and Employment.