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Credit Contracts and Consumer Finance Act 2003

Lender responsibilities - Publication of standard form contract terms and costs of borrowing

9L: Extended meaning of business premises

You could also call this:

"What 'business premises' means, including shops, stalls, and vehicles that sell goods on credit"

Illustration for Credit Contracts and Consumer Finance Act 2003

When you read sections 9J and 9K, you need to know that 'business premises' can also mean a vehicle, stand, or stall where goods are sold or can be ordered, if those goods can be bought using a credit sale. You should understand that a vehicle in this case has the same meaning as in section 2(1) of the Land Transport Act 1998. This helps you know what is meant by 'business premises' in these sections.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6501331.

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Part 1ALender responsibilities
Publication of standard form contract terms and costs of borrowing

9LExtended meaning of business premises

  1. In sections 9J and 9K, business premises includes a vehicle, stand, or stall from which goods are offered or exposed for sale, or from which goods may be ordered, if those goods may be sold under a credit sale.

  2. In subsection (1), vehicle has the same meaning as in section 2(1) of the Land Transport Act 1998.

Notes
  • Section 9L: inserted, on , by section 9 of the Credit Contracts and Consumer Finance Amendment Act 2014 (2014 No 33).