NZME Advisory Limited

On 29 November 2023, the Auckland High Court allowed the Commission’s appeal against the original fine imposed on NZME Advisory Limited (NZME) and increased it to an end sentence of $195,000. NZME was originally sentenced in the Auckland District Court to a fine of $87,750 having pleaded guilty to a representative charge under sections 31(5) and 40(1) of the Fair Trading Act 1986. NZME accepted that it supplied 213 unsafe magnet puzzle sets, a product that was prohibited and was supplied in contravention of an unsafe goods notice. The magnets could be easily ingested and, in 2021, an 11-year-old child ingested two magnetic balls from one of the magnet sets and required emergency life-saving surgery to remove them.
  • 30 Oct 2023

    COMPLETED

    Date closed

  • 25 Aug 2021