Exposure Draft of Credit Contracts and Consumer Finance Amendment Regulation (No 2) 2022 and updated Responsible Lending Code

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Ministry of Business, Employment and Innovation

We appreciate MBIE’s engagement with NZBA and its members on the proposed changes to the CCCFA Regulations and the Responsible Lending Code (Code). We support the intent behind the proposed changes, to address the unintended consequences of the December 2021 amendments, and improve safe access to credit for consumers.

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