New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) If there is a registered prospectus for securities to which an advertisement relates, the advertisement must not contain prospective financial information unless the advertisement refers to the registered prospectus and either—
(a) The prospective financial information is also contained in the registered prospectus; or
(b) In the case of an advertisement that contains prospective financial information that is personal to a person to whom the advertisement is distributed, the principal assumptions and method of calculation in accordance with which the information is calculated are set out in the registered prospectus.
(2) If there is no registered prospectus for securities to which an advertisement relates, the advertisement must not contain prospective financial information unless it also contains a statement of the principal assumptions and method of calculation in accordance with which the information is calculated.
Regulation 15 was substituted, as from 1 January 1996, by regulation 4 Securities Regulations 1983, Amendment No 2 (SR 1995/285).
Regulation 15 was substituted, as from 1 October 1997, by regulation 11 Securities Amendment Regulations 1997 (SR 1997/151). See regulation 99 of those Regulations for the transitional provisions.