New Zealand Fair Trading Act

Consumer protection in New Zealand is regulated by several statutes, which notably include the Fair Trading Act 1986, the Hire Purchase Act 1971 and the Consumer Guarantees Act 1993. The Fair Trading Act, which came into force on March 1st, 1987 (the “FTA”), regulates trade conducts and practices, consumer information and product safety.

The following questions have been addressed in this article:

What types of conducts are prohibited under the FTA?
What practices are deemed unfair under the FTA?
What is a pyramid selling scheme?

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