Bill introduced on December 3 2015 in the name of National MP Shane Reti. It will amend the definition of supplier in the Consumer Guarantees Act 1993 to exclude a lender who is an unrelated party from the definition of a supplier. Received its first reading on Sept 22 with Labour and NZ First opposed, mainly on the grounds the Bill was trivial. Sent to the Commerce Committee for consideration. Report back extended from March 13 to August 22. Select committee reported back on Feb 2 with Shane Reti asking the Bill to be withdrawn.
Consumer Guarantees (Removal of Unrelated Party Lender Responsibility) Amendment Bill