Deposit Takers (New Zealand Baptist Savings & Development Society Incorporated) Exemption Revocation Notice 2017

Deposit Takers
(New Zealand Baptist Savings & Development Society Incorporated) Exemption Revocation Notice 2017 Under section 70(4) of the Non-bank Deposit Takers Act 2013, the Reserve Bank of New Zealand gives the following notice. Contents
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3 Deposit Takers (New Zealand Baptist Savings & Development Society Incorporated) Exemption Notice 2015 revoked 1 Notice 1 Title This notice is the Deposit Takers (New Zealand Baptist Savings & Development Society Incorporated) Exemption Revocation Notice 2017. 2 Commencement This notice comes into force on the day after the date of its notification in the Gazette. 3 Deposit Takers (New Zealand Baptist Savings & Development Society Incorporated) Exemption Notice 2015 revoked The Deposit Takers (New Zealand Baptist Savings & Development Society Incorporated) Exemption Notice 2015 is revoked. Dated at Wellington this 6 \ day of October 2017. Ref#7266323 vi. I Geoff Bascand Deputy Governor

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Statement of reasons
This notice, which comes into force on the day after the date of its notification in the Gazette, revokes the Deposit Takers (New Zealand Baptist Savings & Development Society Incorporated) Exemption Notice 2015 (the Exemption). The NBDT licence granted to New Zealand Baptist Savings & Development Society Incorporated on 26 January 2015 was cancelled on 27 September 2017 and consequently the Exemption is no longer required. Ref #7266323 vl.l