Part 6BLoans
General provisions relating to loans
212Interpretation
In this Part,—
late period, in relation to the filing of a return, means the period commencing on the day after the date on which the return is required to be filed and ending on the day that is 15 working days later
lender, in relation to a loan, means the person providing the loan
loan,—
- to a candidate,—
- means a written or an oral agreement or arrangement under which a lender lends money or agrees to lend money at specified dates or on request or on the occurrence of a particular event for use in the candidate’s campaign for election; but
- does not include any money lent by a registered lender at a commercial interest rate:
- means a written or an oral agreement or arrangement under which a lender lends money or agrees to lend money at specified dates or on request or on the occurrence of a particular event for use in the candidate’s campaign for election; but
- to a party,—
- means a written or an oral agreement or arrangement under which a lender lends money or agrees to lend money at specified dates or on request or on the occurrence of a particular event; but
- does not include any money lent by a registered bank at a commercial interest rate
- means a written or an oral agreement or arrangement under which a lender lends money or agrees to lend money at specified dates or on request or on the occurrence of a particular event; but
loan amount means—
- the amount of money lent by the lender under the loan; or
- where any money may be lent under the loan in the future, the maximum amount that may be owed at any one time; or
- the total of the amounts in paragraphs (a) and (b), in any case where the lender has provided, and may in the future provide, money under the loan
registered bank has the same meaning as in section 2(1) of the Banking (Prudential Supervision) Act 1989
registered lender means a lender who is registered as a financial service provider under the Financial Service Providers (Registration and Dispute Resolution) Act 2008.
- to a candidate,—
Notes
- Section 212: inserted, on , by section 41 of the Electoral Amendment Act 2014 (2014 No 8).
- Section 212 late period: inserted, on , by section 10(2) of the Electoral Amendment Act 2022 (2022 No 80).
- Section 212 loan: replaced, on , by section 10(1) of the Electoral Amendment Act 2022 (2022 No 80).
- Section 212 registered bank: amended, on , by section 300(1) of the Reserve Bank of New Zealand Act 2021 (2021 No 31).
- Section 212 registered lender: inserted, on , by section 10(2) of the Electoral Amendment Act 2022 (2022 No 80).


