Commonwealth Numbered Regulations

NATIONAL CONSUMER CREDIT PROTECTION (TRANSITIONAL AND CONSEQUENTIAL PROVISIONS) REGULATIONS 2010 (SLI NO 45 OF 2010) - REG 9

         (1)   For subsection 6 (3) of the Act, this regulation provides that certain provisions of the Act are taken to be modified as set out in this regulation.

Note     Subsection 6 (3) of the Act provides that the regulations may provide that certain provisions of the Act are taken to be modified as set out in the regulations. Those provisions then have effect as if they were so modified.

         (2)   The definition of commencement in subsection 4 (1) of the Act is modified by substituting it with the following definition:

' commencement means:

                (a)    for Schedule 2 to this Act -- the start of 1 April 2010; and

               (b)    for the remainder of this Act -- the start of 1 July 2010, or a later day prescribed by the regulations.'

         (3)   Subitem 20 (2) of Schedule 1 is modified by omitting 'commencement' and inserting '1 April 2010'.