National Consumer Credit Protection Act 2009

SCHEDULE 1 - NATIONAL CREDIT CODE  

Note:

See section 3 of the National Credit Act.

PART 3 - RELATED MORTGAGES AND GUARANTEES  

Division 2 - Guarantees  

57   Copies of documents for guarantor  

57(1)    
A credit provider must, not later than 14 days after a guarantee is signed and given to the credit provider, give the guarantor:


(a) a copy of the guarantee signed by the guarantor; and


(b) a copy of the credit contract or proposed credit contract.

57(2)    
Paragraph (1)(a) does not apply if the credit provider has previously given the guarantor a copy of the guarantee document to keep and paragraph (1)(b) does not apply if the credit provider has previously given the guarantor a copy of the credit contract or proposed credit contract to keep.


 

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