Statute
Section 20 — Credit Contracts and Consumer Finance Act 2003: Opening unpaid balance must not exceed closing unpaid balance of previous continuing disclosure statement
Text of the provision Official document
20 Opening unpaid balance must not exceed closing unpaid balance of previous continuing disclosure statement The opening unpaid balance shown in each successive continuing disclosure statement must not exceed the closing unpaid balance shown in the last continuing disclosure statement. Compare: Consumer Credit Code s 33(1) (Appendix to Consumer Credit (Queensland) Act 1994 (Queensland))
Official source: legislation.govt.nz
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