National Consumer Credit Protection Act 2009
SCHEDULE 1
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NATIONAL CREDIT CODE
An amount of interest, a fee or charge or any other amount charged, payable or calculated under or in connection with a credit contract, mortgage, guarantee or consumer lease is, for the purposes of this Code, taken to comply with this Code if the amount is within tolerances allowed by the regulations.
Note:
See section 3 of the National Credit Act.
PART 12 - MISCELLANEOUS Division 1 - Tolerances and assumptions 181 181 Tolerances relating to contracts and other documentsAn amount of interest, a fee or charge or any other amount charged, payable or calculated under or in connection with a credit contract, mortgage, guarantee or consumer lease is, for the purposes of this Code, taken to comply with this Code if the amount is within tolerances allowed by the regulations.
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