National Consumer Credit Protection Act 2009
SCHEDULE 1
-
NATIONAL CREDIT CODE
A credit provider must, not later than 14 days after a guarantee is signed and given to the credit provider, give the guarantor:
(a) a copy of the guarantee signed by the guarantor; and
(b) a copy of the credit contract or proposed credit contract.
57(2)
Paragraph (1)(a) does not apply if the credit provider has previously given the guarantor a copy of the guarantee document to keep and paragraph (1)(b) does not apply if the credit provider has previously given the guarantor a copy of the credit contract or proposed credit contract to keep.
Note:
See section 3 of the National Credit Act.
PART 3 - RELATED MORTGAGES AND GUARANTEES Division 2 - Guarantees 57 Copies of documents for guarantor 57(1)A credit provider must, not later than 14 days after a guarantee is signed and given to the credit provider, give the guarantor:
(a) a copy of the guarantee signed by the guarantor; and
(b) a copy of the credit contract or proposed credit contract.
57(2)
Paragraph (1)(a) does not apply if the credit provider has previously given the guarantor a copy of the guarantee document to keep and paragraph (1)(b) does not apply if the credit provider has previously given the guarantor a copy of the credit contract or proposed credit contract to keep.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.