Changes were made to section 99(1A) of the Credit Contracts and Consumer Finance Act (CCCFA) in 2019, following a review of this provision. The changes are found in sections 95A and 95B of the CCCFA, which expressly enable a court (on application by the lender) to vary or remove the effect of section 99(1A).
The focus for Fraud Awareness Week 2024 is helping New Zealanders spot signs of phishing, impersonation and online shopping scams so they can take action to protect themselves and their family.
After a series of hospitalisations overseas, MBIE is warning parents of the dangers of having small high-powered magnets in your home and around your children.
A skilled and competent workforce plays a critical role in our building system, protecting New Zealanders from harm by ensuring services are performed with reasonable and consistent care and skill to ensure building work is done right the first time.
The Government is reviewing consumer credit law as part of a wider reform process for financial services. This section also includes information about previous reviews of consumer credit law.
The Government has introduced a bill that would establish a new economic regulation regime for local government water services suppliers.
The Ministry of Business, Innovation and Employment (MBIE) has today announced that Bryan Chapple and Nathan Strong will be appointed as Associate Commissioners at the Commerce Commission.
The government is progressing the development of a ‘consumer data right’ to give individuals and businesses greater choice and control over their data. This is done through the Customer and Product Data Bill, which has been introduced to Parliament and is now before the Economic Development, Science and Innovation Committee.
The Consumer Protection team conducts biennial New Zealand Consumer Surveys (NZCS) to find out what adult New Zealanders know about consumer laws and it explores how they behave when they experience problems with products and services. The surveys provide national level insights on the health of the Consumer & Commercial regulatory system, and enable changes to be monitored.
The Ministry of Business, Innovation and Employment (MBIE) reminds New Zealanders to check their bathrooms for a potentially dangerous recalled heater.
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