Treasury Laws Amendment (Banking Measures No. 1) Act 2018 (9 of 2018)

Schedule 5   Credit card reforms

Part 1   When a credit card contract, or a credit limit increase, is unsuitable

National Consumer Credit Protection Act 2009

7   At the end of section 160A

Add:

Division 5 provides that ASIC may determine periods for the purpose of determining the unsuitability of credit card contracts.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).