Section 4 — Credit Contracts and Consumer Finance Act 2003: Overview

4 Overview In this Act,— (a) this Part deals with preliminary matters, including interpretation and the application of this Act to the Crown: (b) Part 2 contains provisions relating to consumer credit contracts, including provisions relating to when a credit contract is a consumer credit contract, when a lease of goods is to be treated as a consumer credit contract (instead of a consumer lease), disclosure, interest charges, fees, payments, and changes to consumer credit contracts on the grounds of unforeseen hardship: (c) Part 3 contains provisions relating to consumer leases, credit-related insurance, repayment waivers, extended warranties, and buy-back transactions of land: (d) Part 4 contains provisions relating to civil remedies, injunctions, offences, a defence, and certain provisions concerning the Commerce Commission: (e) Part 5 contains provisions relating to the reopening of oppressive credit contracts, consumer leases, and buy-back transactions of land: (f) Part 6 contains miscellaneous provisions, including provisions relating to contracting out, regulations, consequential amendments, and transitional arrangements.