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Code submitted to Minister

Angus Dale-Jones
Wednesday 6th of March 2019

Group chairman Angus Dale-Jones said the draft was based on the assumption that the Financial Services Legislation Amendment Bill will be passed in its current form.

"We have signalled to the Minister that the draft code might need to be revised before its approval if any late changes are made to the bill," he said.

"Shortly, we will publish the consultation submissions we received. Once the legislation is finalised and the code approved, we will publish it together with an impact analysis and a summary of submissions."

From that point, there will be at least another nine months before it comes into force.

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