Commonwealth Consolidated Regulations

NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 25C

    For the purposes of paragraph   110(1)(c) of the Act and regulation   23A, the definition of linked credit provider of a supplier in subsection   127(1) of the Code applies as if it were modified to provide that a linked credit provider of a supplier means a credit provider:

  (a)   with whom the supplier has a contract, arrangement or understanding relating to:

  (i)   the supply to the supplier of goods in which the supplier deals; or

  (ii)   the business of supplying goods or services carried on by the supplier; or

  (iii)   the provision of credit:

  (A)   to persons to whom goods or services are supplied by the supplier; and

  (B)   for payment for the goods or services; or

  (b)   to whom the supplier, by arrangement with the credit provider, regularly refers persons for the purpose of obtaining credit; or

  (c)   whose:

  (i)   forms of contract; or

  (ii)   forms of application; or

  (iii)   offers for credit;

are, by arrangement with the credit provider, made available to persons by the supplier; or

  (d)   with whom the supplier has a contract, arrangement or understanding under which:

  (i)   contracts; or

  (ii)   applications; or

  (iii)   offers for credit;

from the credit provider may be signed by persons at the premises of the supplier.