Changes have been made to the affordability assessment requirements under the Credit Contracts and Consumer Finance Regulations 2004 (the Regulations) and ResponsibleLending Code (the Code). This is
We are seeking feedback on an exposure draft of the Credit Contracts and Consumer Finance Amendment Regulations (No 2) 2022 (the Draft Regulations) and accompanying guidance in the ResponsibleLending Code (the Draft Code).
A minute from the Cabinet Economic Growth and Infrastructure Committee noting the support for changes to the Credit Contracts and Consumer Finance Act, ad agreeing to continue work to amend this act.
This addendum to the ResponsibleLending Code provides additional guidance on lender responsibilities relating to COVID-19. The addendum expires on 1 February 2022.
Contracts and Consumer Finance Regulations 2004 and the ResponsibleLending Code. The first tranche of changes came into force on 7 July 2022, and the second tranche are in force on 4 May 2023.
This 2012 Cabinet Paper sought additional policy decisions from Cabinet relating to the review of the Credit Contracts and Consumer Finance Act 2003, including in relation to reposession.
This 2011 Cabinet Minute outlines policy decisions to strengthen the Credit Contracts and Consumer Finance Act 2003 to ensure that credit providers lend and manage credit contracts responsibly.
This Regulatory Impact Statement provided an analysis of options to strengthen the Credit Contracts and Consumer Finance Act 2003 to ensure that credit providers lend and manage credit contracts responsibly.