National Consumer Credit Protection Act 2009

CHAPTER 2 - LICENSING OF PERSONS WHO ENGAGE IN CREDIT ACTIVITIES  

PART 2-5 - FINANCIAL RECORDS, TRUST ACCOUNTS AND AUDIT REPORTS  

Division 2 - Financial records of licensees  

SECTION 92  

92   INFORMATION TO BE SHOWN IN FINANCIAL RECORDS  
The financial records must be kept in sufficient detail to show particulars of:

(a) all money received or paid by the licensee; and

(b) for each credit contract under which the licensee is the credit provider:

(i) the amount and day of all payments made by or on behalf of the debtor under the credit contract; and

(ii) all amounts (including principal, interest, fees and charges) owed by the debtor under the credit contract; and

(c) for each consumer lease under which the licensee is the lessor - the amount and day of all payments made by or on behalf of the lessee under the consumer lease; and

(d) for each guarantee under which the licensee is the beneficiary of the guarantee - the amount and day of all payments made by or on behalf of the guarantor under the guarantee; and

(e) all income received by the licensee from indirect remuneration, interest, and other sources, and all expenses, indirect remuneration, and interest paid by the licensee; and

(f) all the assets and liabilities (including contingent liabilities) of the licensee; and

(g) any other matters prescribed by the regulations.