7

Procedure for Making Applications and Notifications

7.1

  1. (1) The PRA directs that:
    1. (a) a firm other than a credit union must make any applications, notifications or submissions required by this Part by submitting the form specified using the ONA system; and
    2. (b) a credit union must make any applications, notifications or submissions required by this Part by submitting the form specified:
      1. (i) using the ONA system; or
      2. (ii) in the manner set out in Notifications 7.

7.2

If, under any direction or rule in this Chapter:

  1. (1) a firm is required to make an application, notification or submission online; and
  2. (2) the information technology systems used by the PRA fail and online submission is unavailable for 24 hours or more,

until such time as facilities for online submission are restored a firm must submit the specified form in the way set out in Notifications 7.