REP 71 Overview of decisions on relief applications from financial service providers: September to December 2005
Released April 2006.
The purpose of the report is to improve the level of transparency and the quality of information available about decisions we make when we are asked to exercise our discretionary powers to grant relief from provisions of the Act.
The report covers the period beginning 1 September 2005 and ending 31 December 2005. During this period we decided 473 applications concerning Chapter 5C, Chapter 7 and related provisions of the Act. We granted relief in relation to 400 applications and refused relief in relation to 73 applications.