Australian Capital Territory Repealed Acts

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This legislation has been repealed.

CONSUMER CREDIT (ADMINISTRATION) ACT 1996 (REPEALED) - SECT 7

Registration as a consumer credit provider

    (1)     A person shall not provide consumer credit unless the person is registered as a credit provider.

Maximum penalty: 50 penalty units, imprisonment for 6 months or both.

    (2)     An individual shall not hold himself or herself out as a provider of consumer credit unless the person is registered as a credit provider.

Maximum penalty: 30 penalty units.

    (3)     A body corporate shall not hold itself out as a provider of consumer credit unless it is registered as a credit provider.

Maximum penalty: 30 penalty units.


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