News

Trustees get new power this week

Monday 17th of September 2007
Cabinet made the changes, which were suggested less than two weeks ago by the Securities Commission, to trust deeds governing finance companies. Cabinet waived the usual 28-day rule so the amended regulations will come into force on September 21.

Commerce Minister Lianne Dalziel expressed concern that some commentators seem to think the sector is currently completely unregulated simply becau...

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