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).
We provide advice to the Minister for Small Business and Manufacturing, and deliver services that support small businesses and manufacturers to grow and prosper.
We monitor Crown Research Institutes (CRIs), Crown entity companies, statutory entities and Public Finance Act 1989 Schedule 4A non-listed companies. This page provides information on these entities and the current members of boards.
The price and quality of goods or services in markets with monopoly characteristics is regulated by the Commerce Commission under Part 4 of the Commerce Act.