National Consumer Credit Protection Act 2009
Note:
See section 3 of the National Credit Act.
PART 3 - RELATED MORTGAGES AND GUARANTEES Division 2 - Guarantees 62 Offence for noncompliance 62(1)A credit provider must not:
(a) enter into a guarantee that contravenes a requirement of this Division; or
(b) otherwise contravene a requirement of this Division.
62(2)
A credit provider must not enter into a guarantee that is void or unenforceable, or that contains a provision that is void or unenforceable, because of this Division.
Criminal penalty: 50 penalty units.
62(3)
Subsections (1) and (2) are offences of strict liability.
Note:
For strict liability, see section 6.1 of the Criminal Code .
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