Credit Contracts and Consumer Finance Regulations 2004

Reprint as at 13 January 2020

Coat of Arms of New Zealand

Credit Contracts and Consumer Finance Regulations 2004

(SR 2004/240)

Silvia Cartwright, Governor-General

Order in Council

At Wellington this 9th day of August 2004

Her Excellency the Governor-General in Council


Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

These regulations are administered by the Ministry of Business, Innovation, and Employment.

Pursuant to section 138 of the Credit Contracts and Consumer Finance Act 2003, Her Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.


4Status of examples
4APublication of costs of borrowing information
4BInformation about interest rates
4CInformation about charging interest
4DInformation about credit fees and default fees
4EMinimum repayment warning
5Alternative publication requirements
7Rebate of consumer credit insurance contract premium
7ARebate of repayment waiver
7BRebate of extended warranty
8Application of regulation 9
9Calculation of reasonable estimate of creditor’s loss if interest rate fixed for whole term
10Application of regulation 11
11Calculation of reasonable estimate of creditor’s loss if interest rate fixed for part of term
12Model disclosure statements
13Terms and conditions for use of model disclosure statements
14Format and layout may not be modified
15Other information
16Model disclosure statement may be divided into 2 parts
17Other key information
18Exemptions from provisions relating to consumer credit contracts where local authority to provide credit
18AExemption from enforcement prohibition [Revoked]
18BExemptions from provisions relating to repossession of consumer goods in cases involving motor vehicles
18CExemptions from disclosure requirements for peer-to-peer lenders
19Section 26A of Act not to apply if transfer made for purposes of securitisation or covered bond arrangements or similar arrangements
20Contract manager appointed by new creditor
21New creditor was contract manager before transfer
Gazette Information
Reprint notes