Credit Contracts and Consumer Finance Amendment Bill (2025) and Banking Class Action

SPENCER JONES made this Official Information request to Ministry of Business, Innovation & Employment

Response to this request is delayed. By law, Ministry of Business, Innovation & Employment should normally have responded promptly and by (details and exceptions)

From: SPENCER JONES

Dear MBIE,

Under the Official Information Act 1982, I request:

1. All internal MBIE briefings, Cabinet papers, Regulatory Impact Assessments, legal advice, or memos between 1 Jan 2024 and today regarding:

- Drafting, intent, or legal rationale behind the Credit Contracts and Consumer Finance Amendment Bill (2025);
- Any retrospective effect on litigation, especially the Banking Class Action (CIV-2021-404-119);
- Implications for consumer rights under CCCFA ss 22, 48, 99(1), and 99(1A).

2. All correspondence (emails, meeting notes, Teams chats, or memos) between MBIE staff and:
- Minister Scott Simpson or his office;
- Representatives of ANZ, ASB, NZBA, or any law firms (including Bell Gully, Russell McVeagh, or MinterEllisonRuddWatts);
- Treasury, PCO, or the Commerce Commission concerning the class action or amendment bill.

3. Any records of:
- Stakeholder consultation prior to the bill’s drafting;
- Concerns about interference with judicial proceedings;
- Conflict-of-interest declarations by officials or advisors.

If any material is withheld, please cite the specific section of the OIA relied on.

Kind regards,
Spencer Jones

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From: NoReplyMinisterialServices
Ministry of Business, Innovation & Employment


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Kia ora Spencer Jones,
 
On behalf of the Ministry of Business, Innovation and Employment I
acknowledge your email of 4/08/2025 requesting, under the Official
Information Act 1982, the following:
 
Under the Official Information Act 1982, I request:

1. All internal MBIE briefings, Cabinet papers, Regulatory Impact
Assessments, legal advice, or memos between 1 Jan 2024 and today
regarding:

- Drafting, intent, or legal rationale behind the Credit Contracts and
Consumer Finance Amendment Bill (2025);
  - Any retrospective effect on litigation, especially the Banking Class
Action (CIV-2021-404-119);
  - Implications for consumer rights under CCCFA ss 22, 48, 99(1), and
99(1A).

2. All correspondence (emails, meeting notes, Teams chats, or memos)
between MBIE staff and:
  - Minister Scott Simpson or his office;
  - Representatives of ANZ, ASB, NZBA, or any law firms (including Bell
Gully, Russell McVeagh, or MinterEllisonRuddWatts);
  - Treasury, PCO, or the Commerce Commission concerning the class action
or amendment bill.

3. Any records of:
  - Stakeholder consultation prior to the bill’s drafting;
  - Concerns about interference with judicial proceedings;
  - Conflict-of-interest declarations by officials or advisors.

If any material is withheld, please cite the specific section of the OIA
relied on.
 
We will endeavour to respond to your request as soon as possible, and no
later than 1/09/2025, being 20 working days after the day your request
was received. If we are unable to respond to your request by then, we will
notify you of an extension of that timeframe. If you have any enquiries
regarding your request feel free to contact us via email to
[1][MBIE request email].
 
Nāku noa, nā
Ministerial Services
Strategy and Assurance
Ministry of Business, Innovation & Employment
15 Stout Street, Wellington 6011 |  P O Box 1473 Wellington 6140

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From: *OIA
Ministry of Business, Innovation & Employment


Attachment image001.jpg
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Attachment DOIA REQ 0019128 Extension letter.pdf
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Kia ora Spencer

Please find attached a letter regarding the extension of your request
under the Official Information Act 1982.

 

Ngā mihi

 

Matthew

 

Principal Ministerial Advisor

Building Resources and Markets

[1]Description: cid:image001.jpg@01CE732A.1A2F9630

 

 

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