Commonwealth Consolidated Acts

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 160F

  (1)   ASIC may, by legislative instrument, determine a period for the purposes of the following provisions:

  (a)   paragraph   118(3AA)(b);

  (b)   paragraph   119(3A)(b);

  (c)   paragraph   123(3AA)(b);

  (d)   paragraph   124(3A)(b);

  (e)   paragraph   131(3AA)(b);

  (f)   paragraph   133(3AA)(b).

  (2)   Without limiting subsection   (1), a legislative instrument referred to in that subsection may determine different periods in relation to the following:

  (a)   different classes of credit card contracts;

  (b)   different credit limits;

  (c)   different rates of interest.