New Zealand Legislation: Acts

16 Dealing in foreign exchange by Bank

• For the purposes of performing its functions and fulfilling its obligations under this Act or any other enactment, the Bank may deal in foreign exchange, on such terms and conditions as it thinks fit,—

  • (a) with any person, including the Crown; and

  • (b) on behalf of any person, including the Crown.

  Section 16: substituted, on 10 September 2008, by section 7 of the Reserve Bank of New Zealand Amendment Act 2008 (2008 No 59).