Credit Contracts Legislation Amendment Act Commencement Order 2020

2020/204

Coat of Arms of New Zealand

Credit Contracts Legislation Amendment Act Commencement Order 2020

Patsy Reddy, Governor-General

Order in Council

At Wellington this 10th day of August 2020

Present:
Her Excellency the Governor-General in Council

This order is made under section 2 of the Credit Contracts Legislation Amendment Act 2019 on the advice and with the consent of the Executive Council.

Order

1 Title

This order is the Credit Contracts Legislation Amendment Act Commencement Order 2020.

2 Commencement of remaining provisions of Credit Contracts Legislation Amendment Act 2019

(1)

Section 21 of the Credit Contracts Legislation Amendment Act 2019 comes into force on 1 October 2020.

(2)

The following provisions of the Credit Contracts Legislation Amendment Act 2019 come into force on 1 June 2021:

(a)
(b)

section 50 except to the extent that it inserts new sections 131B and 131C of the Credit Contracts and Consumer Finance Act 2003:

(c)

(3)

Any provisions of the Credit Contracts Legislation Amendment Act 2019 that have not been earlier brought into force come into force on 1 October 2021.

Michael Webster,
Clerk of the Executive Council.

Explanatory note

This note is not part of the order, but is intended to indicate its general effect.

This order brings the remaining provisions of the Credit Contracts Legislation Amendment Act 2019 into force on 3 dates, namely 1 October 2020, 1 June 2021, and 1 October 2021.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 13 August 2020.

This order is administered by the Ministry of Business, Innovation, and Employment.