Credit Contracts Legislation Amendment Act Commencement Order 2020

Version as at 17 September 2021

Coat of Arms of New Zealand

Credit Contracts Legislation Amendment Act Commencement Order 2020

(LI 2020/204)

Patsy Reddy, Governor-General

Order in Council

At Wellington this 10th day of August 2020

Present:
Her Excellency the Governor-General in Council

Note

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.

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

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)

sections 33, 36, 40(3), and 45:

(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)

sections 64 and 68.

(3)

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

(a)

section 5(2):

(b)

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

(c)

sections 59 to 63 and 65 to 67 and Schedule 2 (which amend the Financial Service Providers (Registration and Dispute Resolution) Act 2008).

(4)

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

Clause 2(3): replaced, on 17 September 2021, by clause 4 of the Credit Contracts Legislation Amendment Act Commencement Amendment Order 2021 (LI 2021/258).

Clause 2(4): inserted, on 17 September 2021, by clause 4 of the Credit Contracts Legislation Amendment Act Commencement Amendment Order 2021 (LI 2021/258).

Michael Webster,
Clerk of the Executive Council.

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 13 August 2020.

Reprints notes
1 General

This is a reprint of the Credit Contracts Legislation Amendment Act Commencement Order 2020 that incorporates all the amendments to that order as at the date of the last amendment to it.

2 Legal status

Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment. Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act. A printed version of the reprint produced directly from this official electronic version also has official status.

3 Editorial and format changes

Editorial and format changes to reprints are made using the powers under sections 24 to 26 of the Legislation Act 2012. See also http://www.pco.parliament.govt.nz/editorial-conventions/.

4 Amendments incorporated in this reprint

Credit Contracts Legislation Amendment Act Commencement Amendment Order 2021 (LI 2021/258)