Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsPrescribed credit activity
(1) For the purposes of item 6 of the table in subsection 6(1) of the Act, the provision of a debt management service is a prescribed activity.
Meaning of debt management service
(2) A person provides a debt management service if the person:
(a) provides debt management assistance to a consumer; or
(b) provides credit reporting assistance to a consumer.