Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 8

Meaning of credit assistance

    A person provides credit assistance to a consumer if, by dealing directly with the consumer or the consumer's agent in the course of, as part of, or incidentally to, a business carried on in this jurisdiction by the person or another person, the person:

  (a)   suggests that the consumer apply for a particular credit contract with a particular credit provider; or

  (b)   suggests that the consumer apply for an increase to the credit limit of a particular credit contract with a particular credit provider; or

  (c)   suggests that the consumer remain in a particular credit contract with a particular credit provider; or

  (d)   assists the consumer to apply for a particular credit contract with a particular credit provider; or

  (e)   assists the consumer to apply for an increase to the credit limit of a particular credit contract with a particular credit provider; or

  (f)   suggests that the consumer apply for a particular consumer lease with a particular lessor; or

  (g)   suggests that the consumer remain in a particular consumer lease with a particular lessor; or

  (h)   assists the consumer to apply for a particular consumer lease with a particular lessor.

It does not matter whether the person does so on the person's own behalf or on behalf of another person.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback