Celebrating 25 Years of Scoop
Special: Up To 25% Off Scoop Pro Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Clarifying 'supplier' in the Consumer Guarantees Act


Clarifying 'supplier' in the Consumer Guarantees Act


The Consumer Guarantees (Removal of Unrelated Party Lender Responsibility) Amendment Bill seeks to amend the definition of 'supplier' in the current Consumer Guarantees Act 1993.

This bill aims to clarify when lenders are liable under the Consumer Guarantees Act and when they are not. If a trader and lender are not connected as 'related parties', then the lender would not be liable under the Consumer Guarantees Act.

The bill is now before the Commerce Committee, who are seeking the views of New Zealanders.

The Consumer Guarantees Act 1993
The aim of the Consumer Guarantees Act 1993 is to contribute to a trading environment in consumers interests are protected, businesses compete effectively and consumers and businesses participate confidently.

Submissions now welcome
The bill is a member's bill in the name of Dr Shane Reti MP (National). The closing date for submissions is midnight on Thursday, 13 October 2016.

Have your say to the Commerce Committee and tell them what you think
Send your submission on the bill

For more details about the bill, visit the Parliament website:
* Read the bill here

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.