| Parties | Propertyfinance Securities Limited, New Zealand Guardian Trust Company Limited |
|---|---|
| Sections | CCCF Act 51, Fair Trading Act 13(g) |
| Description | Alleged misleading representation as to the full prepayment formula applied in that the creditor stated in the disclosure it would use the safe harbour formula when in fact it applied a formula based on bank swap rates |
| Resolution | Settlement |
| Year | 2010 |
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© Commerce Commission 2013
