Western Australian Numbered Acts

CONSUMER CREDIT (WESTERN AUSTRALIA) AMENDMENT ACT 2000 (NO. 14 OF 2000) - SECT 17

17 .         Section 32 amended

                Section 32(I) is amended by deleting “(if not previously disclosed in accordance with this Code).” and inserting instead —

“
                (if not previously disclosed in accordance with this Code).

                In the case of consumer credit insurance that includes a contract of general insurance within the meaning of the Insurance Contracts Act 1984 (Cwlth) —

                  (i)         it is sufficient compliance with paragraph (a) if the statement of account contains the name of the general insurer, the total amount payable to the insurers and the kind of insurance; and

                  (ii)         it is sufficient compliance with paragraph (b) if the statement of account contains the total amount of commission (expressed as a monetary amount or as a proportion of the premium) to be paid by the insurers.

”.