New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) A credit contract is not a consumer credit contract if the debtor makes a declaration before entering into the contract that the credit is to be used primarily for business or investment purposes (or for both purposes).
(2) Subsection (1) does not apply if the creditor, or the person who obtains the declaration, knew, or had reason to believe, at the time the declaration was made, that the credit was in fact to be used primarily for personal, domestic, or household purposes.
(3) A declaration is effective only if the declaration is in a separate written document and the debtor confirms that he or she has read and understood the declaration.
Compare: Consumer Credit Code (Appendix to Consumer Credit (Queensland) Act 1994) s 11(2), (3) (Qld)