Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

MVDI - Breaches Of The Act Not Acceptable

MEDIACOM-RELEASE

-MVDI BREACHES OF THE ACT NOT ACCEPTABLE

"False and misleading claims about reductions such as those highlighted by the Commerce Commission are unacceptable and MVDI do not condone such practices," says MVDI Executive Director, Steve Downes.

"Deliberate breaches of the Act constitute a serious breach of MVDI's Code of Ethics and dealers who intentionally engage in these practices can expect to be brought before our Disciplinary Committee which has the power to fine and award significant costs."

MVDI and the Commerce Commission have made considerable efforts to educate motor vehicle dealers about the law, and will continue educational publications and seminars this year.

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

"Broad-Based Growth": GDP Rises 1 Percent In June Quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years. More>>

ALSO:

Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>

ALSO:

Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>

ALSO: