Credit Contracts Legislation Amendment Bill

Government bill

9 April 2019

This bill amends the Credit Contracts and Consumer Finance Act 2003 by strengthening requirements to lend responsibly, especially in relation to how affordability and suitability tests should be conducted, limiting the accumulation of interest and fees on high-cost loans, and providing new remedies and penalties for non-compliance.

  • Introduced on 9 April 2019
  • 1st reading on 30 April 2019
  • 2nd reading on 19 November 2019
  • 3rd reading on 12 December 2019
  • Royal assent on 19 December 2019

Member responsible

Kris Faafoi

Kris Faafoi

Former Labour Party List MP

Votes

1st reading

Passed

Reading date: 30 April 2019

No vote breakdown is recorded on WhereTheyStand for this reading. Other votes may appear in Hansard.

2nd reading

Passed

Reading date: 19 November 2019

No vote breakdown is recorded on WhereTheyStand for this reading. Other votes may appear in Hansard.

3rd reading

Passed

Reading date: 12 December 2019

No vote breakdown is recorded on WhereTheyStand for this reading. Other votes may appear in Hansard.

Only reading votes are shown here; these votes determine whether the Bill progresses through Parliament. Other votes, such as votes on whether to amend parts of the Bill, can be seen in Hansard.

Bill details last synced on 23 March 2023 at 12:00 am.