Commonwealth Consolidated Acts

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NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 301C

Application of product intervention orders

             (1)  A product intervention order does not apply to a credit product entered into by a person if the person entered into the product before the order comes into force.

             (2)  A product intervention order does not apply to a person:

                     (a)  in the person's capacity as a consumer; or

                     (b)  who is in a class of persons specified in regulations made for the purposes of this paragraph.

             (3)  The regulations may provide that this Part does not apply to a credit product specified in the regulations.

Note:          In a prosecution for an offence, the defendant bears an evidential burden in relation to the matters in this section (see subsection 13.3(3) of the Criminal Code ).



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