National Consumer Credit Protection Act 2009

CHAPTER 2 - LICENSING OF PERSONS WHO ENGAGE IN CREDIT ACTIVITIES  

PART 2-3 - CREDIT REPRESENTATIVES AND OTHER REPRESENTATIVES OF LICENSEES  

Division 2 - Authorisation of credit representatives  

SECTION 72   CREDIT REPRESENTATIVE NUMBERS  

72(1)    
Within a reasonable period after receiving a notice under subsection 71(1) of the authorisation of a credit representative, ASIC must allocate the credit representative a unique credit representative number.

72(2)    
ASIC must give written notice of the credit representative number to:

(a)    the credit representative; and

(b)    the person who authorised the credit representative.

72(3)    
This section does not apply in relation to a credit representative that has already been allocated a credit representative number.