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Credit Contracts and Consumer Finance Act 2003

Certification and fit and proper person requirements - Conditions of certification

131M: Certified person may apply for variation of conditions

You could also call this:

"Apply to change your certification conditions"

Illustration for Credit Contracts and Consumer Finance Act 2003

You can apply to have your certification conditions changed. You do this by following the process set by the Commission. They will then decide whether to change your conditions under section 131L(1)(b). You must give the Commission the information they need to make a decision. This helps them decide on your application. You provide the information they ask for. The Commission uses this information to determine your application.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS502527.

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Work and jobs > Job licenses
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131L: When Commission may impose conditions, or

"When the Commission can add rules to a certification"

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131N: Procedure for variation of conditions, or

"How the Commission changes or refuses to change contract conditions"

Part 5ACertification and fit and proper person requirements
Conditions of certification

131MCertified person may apply for variation of conditions

  1. A certified person may apply, in the manner that is specified by the Commission, for the Commission to exercise a power under section 131L(1)(b).

  2. A certified person must provide to the Commission the information that is required by the Commission to assist it in determining the application.

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Notes
  • Section 131M: inserted, on , by section 50 of the Credit Contracts Legislation Amendment Act 2019 (2019 No 81).