Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This regulation is made for the purposes of section 158NB of the Act.
(2) A licensee must not accept conflicted remuneration if the conflicted remuneration relates to:
(a) credit assistance provided by the licensee to a consumer in relation to a credit contract; or
(b) whether or how the licensee acts as an intermediary between a credit provider and consumer in relation to a credit contract.
(3) However, subregulation (2) does not apply in relation to a credit service provided to a consumer in relation to a credit contract by a credit representative acting within the scope of the credit representative's actual or apparent authority from the licensee.