Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 (69 of 2023)
Schedule 3 Rationalisation of ending ASIC instruments
Part 5 Notice requirements in the hardship provisions of the National Credit Code
Division 1 Amendments
National Consumer Credit Protection Act 2009
35 After subsection 72(4) of the National Credit Code
Insert:
(4A) Subsection (4) does not apply if the credit provider and the debtor agree to a change to the credit contract that defers or otherwise reduces the obligations of the debtor under that contract for a period not exceeding 90 days.
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).
