New Zealand Credit Contracts and Consumer Finance Act 2003 32-35: Disclosure standards: written, complete, clear and concise, not misleading, in the prescribed form, delivered by a permitted method

What does 32-35 require?

Disclosure must take the form of a written disclosure statement that holds the required information, follows any prescribed form, states the information clearly and concisely so that a reasonable person would notice it, and would not be likely to leave a reasonable person deceived or misled on any material particular. The assumptions in section 33 and the regulations apply to the calculation of disclosed figures, model disclosure statements may be used, and disclosure is made by giving the statement to the person, posting it to their last known residence or nominated address, or sending it to the information system they have specified, with electronic disclosure subject to the consent and accessibility conditions section 35 states.