National Consumer Credit Protection Act 2009

CHAPTER 1 - INTRODUCTION  

PART 1-3 - APPLICATION OF THIS ACT AND THE TRANSITIONAL ACT  

Division 3 - Interaction between the Commonwealth credit legislation and State and Territory laws  

SECTION 26   REGULATIONS TO DEAL WITH INTERACTION BETWEEN LAWS  

26(1)   [ Regulations may modify Cth credit legislation]  

The regulations may modify the operation of the Commonwealth credit legislation so that:


(a) provisions of the Commonwealth credit legislation do not apply to a matter that is dealt with by a law of a referring State or a Territory specified in the regulations; or


(b) no inconsistency arises between the operation of a provision of the Commonwealth credit legislation and the operation of a provision of a law of a referring State or a Territory specified in the regulations.

26(2)   [ Regulations made under subsection 1 may provide]  

Without limiting subsection (1), regulations made for the purposes of that subsection may provide that a provision of the Commonwealth credit legislation:


(a) does not apply to:


(i) a person specified in the regulations; or

(ii) a body specified in the regulations; or

(iii) circumstances specified in the regulations; or

(iv) a person or body specified in the regulations in the circumstances specified in the regulations; or


(b) does not prohibit an act to the extent to which the prohibition would otherwise give rise to an inconsistency with a law of a referring State or a Territory; or


(c) does not require a person to do an act to the extent to which the requirement would otherwise give rise to an inconsistency with a law of a referring State or a Territory; or


(d) does not authorise a person to do an act to the extent to which the conferral of that authority on the person would otherwise give rise to an inconsistency with a law of a referring State or a Territory; or


(e) does not impose an obligation on a person to the extent to which complying with that obligation would require the person not to comply with an obligation imposed on the person under a law of a referring State or a Territory; or


(f) authorises a person to do something for the purposes of the Commonwealth credit legislation that the person:


(i) is authorised to do under a law of a referring State or a Territory; and

(ii) would not otherwise be authorised to do under the Commonwealth credit legislation; or


(g) will be taken to be satisfied if a law of a referring State or a Territory is satisfied.


 

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