| Condition start date time 18/04/2008 |
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1. |
This licence authorises the
licensee to carry on a financial services business to: |
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(a) |
provide financial product advice
for the following classes of financial products: |
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(i) |
deposit and payment products
limited to: |
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(A) |
basic deposit products; |
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(B) |
deposit products other than basic
deposit products; |
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(ii) |
debentures, stocks or bonds issued
or proposed to be issued by a government; |
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(iii) |
life products including: |
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(A) |
investment life insurance products
as well as any products issued by a Registered Life Insurance
Company that are backed by one or more of its statutory funds;
and |
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(B) |
life risk insurance products as
well as any products issued by a Registered Life Insurance
Company that are backed by one or more of its statutory funds; |
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(iv) |
interests in managed investment
schemes including: |
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(A) |
investor directed portfolio
services; |
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(v) |
retirement savings accounts ("RSA")
products (within the meaning of the Retirement Savings Account
Act 1997); |
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(vi) |
securities; and |
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(vii) |
superannuation; and |
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(b) |
deal in a financial product by: |
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(i) |
applying for, acquiring, varying or
disposing of a financial product on behalf of another person in
respect of the following classes of products: |
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|
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|
(A) |
deposit and payment products
limited to: |
| |
|
|
|
|
(1) |
basic deposit products; |
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|
|
|
|
(2) |
deposit products other than basic
deposit products; |
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|
|
|
(B) |
debentures, stocks or bonds issued
or proposed to be issued by a government; |
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|
|
|
(C) |
life products including: |
| |
|
|
|
|
(1) |
investment life insurance products
as well as any products issued by a Registered Life Insurance
Company that are backed by one or more of its statutory funds;
and |
| |
|
|
|
|
(2) |
life risk insurance products as
well as any products issued by a Registered Life Insurance
Company that are backed by one or more of its statutory funds; |
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|
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(D) |
interests in managed investment
schemes including: |
| |
|
|
|
|
(1) |
investor directed portfolio
services; |
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|
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(E) |
retirement savings accounts ("RSA")
products (within the meaning of the Retirement Savings Account
Act 1997); |
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(F) |
securities; and |
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(G) |
superannuation; |
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to retail and wholesale clients. |
