Financial Intermediaries Act 1996
sec.20Application of variation under standards
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sec.20 Application of variation under standards
If a standard provides that the operation of the standard for a particular society may be varied by the registrar by temporarily changing a requirement of the standard, the registrar may temporarily change the requirement as allowed under the standard. Subsection (1) does not limit the registrar’s other powers. s 20 amd 1999 No. 27 s 76 sch 1 pt 2 (sec.20-ssec.1) If a standard provides that the operation of the standard for a particular society may be varied by the registrar by temporarily changing a requirement of the standard, the registrar may temporarily change the requirement as allowed under the standard. (sec.20-ssec.2) Subsection (1) does not limit the registrar’s other powers.