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Credit under a credit contract update

Updated: Jul 22

Today is 10 days of January 2024.

MEL DUCATTI LIMITED has been applied to offer credit under Qrpay services, and today We have received a response from the authorising body for a financial service that We requested to be licensed or certified for.

Financial Service: Creditor under a credit contract - Consumer credit contract

Decision:

CertifiedNotice of Decision: Certification for Mel Ducatti Limited has been granted for a period of 5 years. Please note you must notify the Commission of any prescribed change that could affect certification within 10 working days from a prescribed change occurring. You can do this by emailing the Commission certification@comcom.govt.nz. The prescribed changes that must be notified are set out in Regulation 25 of the Credit Contracts and Consumer Finance Regulations 2004.

You may also refer to the Guidance on the Commission’s website for examples of prescribed changes, which include if a director or senior manager is appointed or has resigned, is removed, or otherwise ceases to hold their position. The Commission may suspend or cancel certification if it considers any change means any one of the directors or senior managers is no longer fit and proper to perform their role.Authorising Commerce Commission

If you have any questions, please contact us.


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