Credit Contracts and Consumer Finance Act 2003

Certification and fit and proper person requirements - Other provisions about certifications

131T: Fees, charges, and costs in connection with this subpart

You could also call this:

"Paying fees when dealing with the Commission"

Illustration for Credit Contracts and Consumer Finance Act 2003

You can be charged fees when dealing with the Commission under this part of the law. The Commission can refuse to do something until you pay the fee, charge, or cost prescribed under section 138(1)(hb). If you do not pay, the Commission can take you to court to get the money owed to them.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS502539.

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131S: Appeals against certification decisions, or

"Challenging a certification decision you don't agree with"


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132: Provisions relating to assignment of credit contracts, consumer leases, or buy-back transactions, or

"Taking over someone's credit contract, lease, or buy-back deal and following the rules"

Part 5ACertification and fit and proper person requirements
Other provisions about certifications

131TFees, charges, and costs in connection with this subpart

  1. The Commission may refuse to perform or exercise a function, power, or duty until any fee, charge, or cost prescribed under section 138(1)(hb) is paid.

  2. Any fee, charge, or cost payable to the Commission is recoverable by the Commission in any court of competent jurisdiction as a debt due to the Commission.

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