Plain language law

New Zealand law explained for everyone

We haven’t prepared a plain language version of this yet

We haven’t created a plain language version of this legislation yet. We’re working through New Zealand’s laws to make them more accessible to everyone, focusing on areas that impact the most people first.

If you’d like to see this particular legislation explained in plain language, please email us at hello@ackama.com with the subject “Plain language law” and mention this page — we’ll be happy to add it to our priority list.

Request a plain language version

Part 3Obligations of licence holders, promoters, and Internet auction providers
Obligations of licensed secondhand dealers: Secondhand dealing

49Modification of rules where groups of articles acquired as single item

  1. This section applies where a secondhand dealer acquires a group of articles as a single item (such as a box of miscellaneous goods or a collection of articles).

  2. An article in a group must be separately identified and be treated as a single article for the purposes of this Act only if it has—

  3. an apparent resale value of more than $40 or such other amount as may be prescribed; or
    1. a serial number on it which may be used as a unique identifier.

      1. All remaining articles in the group must be treated as a single article for the purposes of this Act, and—

      2. the individual articles in the group need not be labelled under section 48; and
        1. the disposal of the group and the individual articles in it need not be recorded in the dealers record under section 42(2)(g).

          1. The fact that an article is offered for sale at a price of more than $40 (or other prescribed amount) is conclusive proof that the item has or had an apparent resale value of more than that amount.