INDEPENDENT NEWS

Michael Hill Jeweller Limited Pleads Guilty

Published: Wed 6 Sep 2000 05:43 PM
MEDIACOM-RELEASE-MICHEAL-HILL-JEWELLER
MEDIA STATEMENT - 6 SEPTEMBER 2000
Today in the Whangarei District Court, Michael Hill Jeweller Limited pleaded guilty to one charge of breaching s19(1)(b) of the Fair Trading Act 1986.
The company inadvertently breached the Act by advertising for supply on its website, a watch at a specified price when it did not have reasonable grounds for believing that the watch could be supplied.
Michael Hill Jeweller Limited General Manager, Kevin Phillips said the company regretted the mistake and in the circumstances, the nominal fine imposed was appropriate.
"The offence arose as a result of a genuine administrative oversight. There was no intent on the part of the company to breach the Act. Once the Commerce Commission made us aware of our technical breach [of the Act], we swiftly amended our website to comply.
"Michael Hill Jeweller is a reputable company that has never before faced charges under the Fair Trading Act. We believe strongly in the principles of the Act and intend to comply fully in the future, " Mr Phillips said.
ENDS
MEDIA RELEASE FROM MICHAEL HILL JEWELLER LIMITED

Next in Business, Science, and Tech

KiwiRail strike notices withdrawn following new offer
By: Rail And Maritime Transport Union
Stress Tests Show Strengthening Bank Resilience
By: Reserve Bank
Building Activity Down In September Quarter
By: Statistics New Zealand
Deputy Governor Reflects On Time At RBNZ
By: Reserve Bank
Data Reveals ICT Expenditure Key To Small Business Sales Growth
By: Xero
Fonterra Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update
By: Fonterra
Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts
By: Canterbury Museum
View as: DESKTOP | MOBILE © Scoop Media