National Consumer Credit Protection Act 2009
View history note
Hide history noteThe applicant, in relation to an approved code of conduct, must ensure that, every 5 years, an independent review is undertaken of the operation of the approved code of conduct.
238C(2)
A review under subsection (1) must make provision for public consultation.
238C(3)
A review of an approved code of conduct must be completed: (a) for the first review - before the end of the 5 year period beginning on the day the code of conduct was approved; and (b) for a subsequent review - within 5 years after the completion of the previous review.
238C(4)
For the purposes of this section, a review is completed when a report of the review is given to ASIC.
238C(5)
Within 10 business days of completing a review, the applicant must publish the report of the review on its website.
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