Godfreys 'learned lesson' over Fair Trading breaches, drops extended warranties

By Jonathan Underhill
Sept. 2 (BusinessDesk) - New Zealand Vacuum Cleaner Co, which runs the Godfreys vacuum cleaner retail chain, has stopped offering extended warranties in New Zealand after admitting it breached disclosure rules that were introduced to the Fair Trading Act in 2014.
The Commerce Commission took its first prosecution focussed on the new provisions of the FTA, which require warrantors to advise customers of their rights under the Consumer Guarantees Act, which provides some similar protections to those offered under exten...
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