Australian Capital Territory Repealed Acts

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This legislation has been repealed.

CREDIT ACT 1985 (REPEALED) - SECT 51

Payment on behalf of debtor

If, under a continuing credit contract, the credit provider satisfies the amount payable by the debtor to a supplier in relation to the supply of goods and services or cash, the credit provider shall, for this division, be deemed to have paid to the supplier the amount (whether or not it is the same as the firstmentioned amount) that would have been payable by the debtor to satisfy the amount so payable.



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