Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 (138 of 2024)
Schedule 2 Buy now, pay later
Part 3 Credit representatives
National Consumer Credit Protection Act 2009
21 Paragraph 64(5)(c)
Repeal the paragraph, substitute:
(c) a person who is not a member of the AFCA scheme to engage in a credit activity in relation to a contract that is not a low cost credit contract; or
(ca) a person who is not a member of the AFCA scheme to collect, on the licensee's behalf, repayments made by a debtor under a low cost credit contract; or
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