National Consumer Credit Protection Act 2009

SCHEDULE 1 - NATIONAL CREDIT CODE  

Note:

See section 3 of the National Credit Act.

PART 6 - PENALTIES FOR DEFAULTS OF CREDIT PROVIDERS AND LESSORS  

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History

Pt 6 heading amended by No 87 of 2022, s 3 and Sch 4 [ 27], effective 12 June 2023.

Division 1 - Penalties for breach of key disclosure and other requirements  

112   Application for order relating to key requirements  

112(1)    

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An application for an order under this Division may be made by:

(a)    a party to a credit contract or consumer lease; or

(b)    a guarantor in relation to a credit contract; or

(c)    ASIC.

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History

S 112(1) substituted by No 87 of 2022, s 3 and Sch 4 [ 29], effective 12 June 2023.

112(2)    

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A debtor, lessee or guarantor may not make an application for an order under this Division in respect of a contravention in connection with a contract or consumer lease if the contravention is or has been subject to an application for an order made by the credit provider, lessor or ASIC anywhere in Australia under this Code.

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History

S 112(2) substituted by No 87 of 2022, s 3 and Sch 4 [ 29], effective 12 June 2023.

112(3)    
Subsection (2) does not prevent an application from being made for an order for the payment of compensation under section 118.

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