The Commerce Commission is required to review the TDRS at least every three years. The first review was conducted in 2021 and the Commerce Commission has published its review findings in its final report to the TCF, the review outlined two key areas of consideration:  

• Governance structure adjustments needed to make the TDRS Council independent of the TCF and establish clear lines of accountability,   

• Operational adjustments to better align the scheme with key principles of a successful dispute resolution scheme set out in s 246(2)(f) of the Act to address retail service quality matters and to achieve better outcomes for consumers.   

In 2021 the TCF commenced with a project to implement the Commerce Commission’s recommendations.  This programme of work includes reviewing the Scheme governance, Scheme Rules, and the Customer Complaints Code.

The project will be delivered in two phases;

• Phase 1 was completed by December 2021 with changes made to the TCF Customer Complaints Code to deliver operational improvements.
• Phase 2 to be completed by the end of June 2023, with the new TDRL Board and governance framework operational from 1 July 2023.

Public Consultation

A public consultation process has now begun on phase 2 of the project seeking views from wider stakeholders and consumer groups on the key changes to the Scheme.  

The following documents have been published for public consultation including an overview document on the project and consultation process:

• TDRL Overview 
• TDRL Constitution
• TDRL Term of Reference
• TCF Customer Care Code

Submissions close at 5pm, 17 April 2023. All submissions should be emailed to submissions@tcf.org.nz.  

TDRS Project Timeline