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 Retail Payment System (Ban on Merchant Surcharges) Amendment Bill has received its first reading in Parliament.
We are strengthening access to official information by publishing responses to Departmental Official Information Act (OIA) requests of public interest.
MBIE manages board appointment processes for a large number of Crown entities, Crown entity companies, statutory bodies and advisory boards on behalf of responsible Ministers.
New Zealand Government Procurement (NZGP) is seeking feedback on a proposed new edition of the Government Procurement Rules.
Regulations requiring Building Consent Authorities (BCAs) to complete at least 80 per cent of building inspections within three working days of the date requested by the building owner are now in effect.
The Ministry of Business, Innovation and Employment (MBIE) today announced the appointment of John Kensington as the new Chair of the External Reporting Board (XRB).
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.
Everything we do at MBIE is about growing New Zealand for all. We recognise that a strong economy is one in which we use the skills, knowledge and time of our people in conjunction with our natural resources, and financial and physical capital to improve the wellbeing of current and future generations.
The Government has introduced a bill that would establish a new economic regulation regime for local government water services suppliers.
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