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Credit Contracts and Consumer Finance Act 2003

Enforcement and remedies - Offences

105E: What Commission does with infringement fees

You could also call this:

"What happens to the money from infringement fees"

Illustration for Credit Contracts and Consumer Finance Act 2003

The Commission gets infringement fees and you wonder what they do with them. They must pay all the fees into a Crown Bank Account. This is what the law says they have to do with the money they receive.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6503535.

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Money and consumer rights > TaxesGovernment and voting > Government departments
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105D: Procedural requirements for infringement notices, or

"Rules for Giving and Dealing with Infringement Notices"

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105F: Regulations relating to infringement offences, or

"Rules about Infringement Offences under the Credit Contracts Act"

Part 4Enforcement and remedies
Offences

105EWhat Commission does with infringement fees

  1. The Commission must pay all infringement fees received into a Crown Bank Account.

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Notes
  • Section 105E: inserted, on , by section 70 of the Credit Contracts and Consumer Finance Amendment Act 2014 (2014 No 33).