Credit Contracts and Consumer Finance Act 2003

Consumer leases, credit-related insurance, and buy-back transactions of land - Buy-back transactions of land

82: Unreasonable fees payable to buy-back promoter or associated person

You could also call this:

"No unfair fees for land buy-backs"

Illustration for Credit Contracts and Consumer Finance Act 2003

You cannot be charged an unreasonable fee by a buy-back promoter or someone connected to them when you are involved in a buy-back transaction of land. A buy-back promoter and their associated person must not ask you to pay a fee that is too high. This rule is part of the Credit Contracts and Consumer Finance Act 2003.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM213155.

This page was last updated on 1 January 2026 — View changes

Topics:

Money and consumer rights > Consumer protectionHousing and property > Buying and selling homesHousing and property > Land use

81: Fees or charges passed on by transferee, or

"Transferee can't charge you more than they paid for fees or charges"

83: No limit on Part 2, or

"This law does not limit rules in Part 2 about consumer leases and credit."

Part 3Consumer leases, credit-related insurance, and buy-back transactions of land
Buy-back transactions of land

82Unreasonable fees payable to buy-back promoter or associated person

A buy-back promoter and an associated person of the buy-back promoter must not require the payment of an unreasonable fee in connection with a buy-back transaction.
Repealed
Repealed
Repealed

Notes

Section 82(2): repealed, on 6 June 2015, by section 50 of the Credit Contracts and Consumer Finance Amendment Act 2014 (2014 No 33).
Section 82(3): repealed, on 6 June 2015, by section 50 of the Credit Contracts and Consumer Finance Amendment Act 2014 (2014 No 33).
Section 82(4): repealed, on 6 June 2015, by section 50 of the Credit Contracts and Consumer Finance Amendment Act 2014 (2014 No 33).