Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 (138 of 2024)
Schedule 2 Buy now, pay later
Part 1 Extending the application of the National Consumer Credit Protection Act 2009
National Consumer Credit Protection Act 2009
1 Subsection 5(1)
Insert:
buy now pay later arrangement has the same meaning as in section 13D of the National Credit Code.
buy now pay later contract has the same meaning as in section 13D of the National Credit Code.
low cost credit contract has the same meaning as in section 13E of the National Credit Code.