National Consumer Credit Protection Act 2009

SCHEDULE 1 - NATIONAL CREDIT CODE  

Note:

See section 3 of the National Credit Act.

PART 6 - PENALTIES FOR DEFAULTS OF CREDIT PROVIDERS AND LESSORS  

Division 1 - Penalties for breach of key disclosure and other requirements  

123   Time limit for application for orders under this Division  

123(1)    
Proceedings under this Division for a declaration of contravention and the imposition of a penalty for a contravention may not be brought after 6 years from the day the contravention happened.

123(2)    
Subsection (1) applies despite any Act relating to the limitation of time for commencing actions.

123(3)    
In this section:

contravention
means contravention of a key requirement.