National Consumer Credit Protection Act 2009

CHAPTER 6 - COMPLIANCE AND ENFORCEMENT  

PART 6-7A - PRODUCT INTERVENTION ORDERS  

Division 2 - Product intervention orders  

SECTION 301C   APPLICATION OF PRODUCT INTERVENTION ORDERS  

301C(1)    
A product intervention order does not apply to a credit product entered into by a person if the person entered into the product before the order comes into force.

301C(2)    
A product intervention order does not apply to a person:


(a) in the person ' s capacity as a consumer; or


(b) who is in a class of persons specified in regulations made for the purposes of this paragraph.

301C(3)    
The regulations may provide that this Part does not apply to a credit product specified in the regulations.

Note:

In a prosecution for an offence, the defendant bears an evidential burden in relation to the matters in this section (see subsection 13.3(3) of the Criminal Code ).


 

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