New Zealand Banking Association

New Zealand Banking Association (NZBA) on behalf of its member banks and others is seeking authorisation to collectively negotiate and subsequently enter a collective agreement for a period of up to eleven years with Evergreen International NZ, LLC (trading as Armourguard) for cash-in-transit services. NZBA is also seeking interim authorisation to allow for participants in the proposed arrangement to collectively negotiate with Armourguard to extend the existing terms with Armourguard while the substantive application is under consideration, to plan and prepare for collective negotiation, and to commence negotiations (but not to enter any agreements).