Sportzone Motorcycles Limited v Commerce Commission
[2015] NZSC 97
•2 July 2015
| IN THE SUPREME COURT OF NEW ZEALAND |
| SC 40/2015 [2015] NZSC 97 |
| BETWEEN | SPORTZONE MOTORCYCLES LIMITED (IN LIQUIDATION) MOTOR TRADE FINANCES LIMITED |
| AND | COMMERCE COMMISSION |
| Court: | William Young, Arnold and O'Regan JJ |
Counsel: | D J Goddard QC and I J Thain for Applicants |
Judgment: | 2 July 2015 |
JUDGMENT OF THE COURT
AThe application for leave to appeal is granted (Sportzone Motorcycles Ltd (in liq) and Motor Trade Finances Ltd v Commerce Commission [2015] NZCA 78).
BThe approved question is:
Did the Court of Appeal err in finding that the fees charged by the applicants were unreasonable for the purposes of s 41 of the Credit Contracts and Consumer Finance Act 2003?
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REASONS
Leave is granted only on the question set out above. The Court does not consider that the second question on which the applicants sought leave meets the criteria set out in s 13 Supreme Court Act 2003.[1] The point is specific to the facts of the present case and therefore does not give rise to a point of general or public importance or a matter of general commercial significance. We see no appearance of a miscarriage of justice if leave is refused.
[1]Did the Court of Appeal err in finding that it had been established that the debtors had suffered loss or damage for the purposes of s 94 of the Credit Contracts and Consumer Finance Act 2003.
The grant of leave does not extend to the point raised in para 4.11 of the submissions for the applicants relating to fees charged to the first applicant by the second applicant and passed on by the first applicant to debtors. We do not consider the statutory criteria are met in relation to that issue and the difficulties identified in the Court of Appeal arising from the point not being raised in the High Court would also arise in this Court if leave were granted.
Solicitors:
DLA Piper, Auckland for Applicants
Meredith Connell, Wellington for Respondent
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