July 11 (Reuters) - COMMERCE COMMISSION NEW ZEALAND:
- COMMISSION HAS FILED HIGH COURT PROCEEDINGS ON JULY 11 AGAINST WESTPAC NEW ZEALAND LIMITED
- COMMISSION ALLEGES WESTPAC BREACHED CREDIT CONTRACTS AND CONSUMER FINANCE ACT 2003
- WESTPAC BREACHED CCCFA BY FAILING TO PROVIDE KEY INFORMATION THAT IT WAS REQUIRED TO GIVE CUSTOMERS UNDER THE LAW
- COMMISSION IS SEEKING A DECLARATION THAT WESTPAC BREACHED ITS INITIAL DISCLOSURE OBLIGATIONS UNDER THE CCCFA
- COMMISSION IS SEEKING ORDER FOR RETURN OF COSTS OF BORROWING & ORDER FOR PAYMENT OF STATUTORY DAMAGES TO AFFECTED BORROWERS
(([email protected];))
News: WBC Commerce Commission NZ Says It Filed High Court Proceedings On July 11 Against Westpac NZ
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