Directory of Official Information A-C [pdf, 1.6 MB]
...Act does not set a limit on interest rates. The Act also provides that interest rates and the contract as a whole must not be oppressive. Finally, the Act requires all directors and senior managers of lenders and mobile traders, who are not already licenced or authorised by the Financial Market Authority or Reserve Bank of New Zealand, to be certified as fit and proper persons by the Commission in order to 93 provide lending or mobile trading services. Those directors and senior m...