Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Schedule(s)......................................................................................... 3

Schedule 1--Enhancements                                                                                             4

Part 1--Protection of debtor in cases of hardship                                          4

National Consumer Credit Protection Act 2009                                                   4

Part 2--Remedies for unfair or dishonest conduct by credit service providers  9

National Consumer Credit Protection Act 2009                                                   9

Part 3--Representations about eligibility to enter credit contracts, consumer leases etc. without assessing unsuitability                                                                                                   13

National Consumer Credit Protection Act 2009                                                 13

Part 4--Prohibition on certain representations and other matters        15

National Consumer Credit Protection Act 2009                                                 15

Part 5--Civil remedies for contravention of the National Credit Code  21

National Consumer Credit Protection Act 2009                                                 21

Part 6--Miscellaneous amendments                                                                    22

National Consumer Credit Protection Act 2009                                                 22

Part 7--Technical corrections                                                                                 26

National Consumer Credit Protection Act 2009                                                 26

Schedule 2--Reverse mortgages                                                                                 28

Part 1--Definitions                                                                                                      28

Division 1--Definition of reverse mortgage                                                          28

National Consumer Credit Protection Act 2009                                                 28

Division 2--Other definitions                                                                                  29

National Consumer Credit Protection Act 2009                                                 29

Part 2--Provisions applying to licensees                                                           31

National Consumer Credit Protection Act 2009                                                 31

Part 3--Provisions applying to credit providers generally                       38

National Consumer Credit Protection Act 2009                                                 38

Schedule 3--Short-term and small amount credit contracts                     48

National Consumer Credit Protection Act 2009                                                 48

Schedule 4--Caps on costs etc. for credit contracts                                        57

National Consumer Credit Protection Act 2009                                                 57

Schedule 5--Consumer leases                                                                                      71

National Consumer Credit Protection Act 2009                                                 71

Schedule 6--Application provisions                                                                       105

National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009     105

Schedule 7--Lay-by agreements etc.                                                                      110

Competition and Consumer Act 2010                                                                 110

 

 

 

Consumer Credit Legislation Amendment (Enhancements) Act 2012

No. 130, 2012

 

An Act to amend the law relating to consumer credit and consumer protection, and for related purposes

[Assented to 17 September 2012]

 

The Parliament of Australia enacts: