Western Australian Numbered Acts

CONSUMER CREDIT (WESTERN AUSTRALIA) AMENDMENT ACT 2000 (NO. 14 OF 2000) - SECT 31

31 .         Section 60 amended

                Section 60 is amended as follows:

            (a)         in subsection (1) by deleting “30 days” and inserting instead —

                “ 20 days ”;

            (b)         after subsection (2) by inserting the following subsections —

“
        (2A)         If the amount or frequency or time for payment of instalments or minimum repayments is not specified in the credit contract but is determined by a method of calculation so specified, this section requires the credit provider to give particulars only of any change in that method of calculation.

        (2B)         This section does not apply to a change that occurs while the credit contract does not require any repayment of the amount of credit provided.

”.