South Australian Numbered Acts

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CREDIT (TRANSITIONAL ARRANGEMENTS) ACT 2010 (NO 3 OF 2010) - SECT 5

5—Consumer Credit Fund

        (1)         The Consumer Credit Fund continues in existence (and will continue to be constituted in the manner provided by section 14(2) of the Credit Administration Act 1995 immediately before the repeal of that Act by this Act).

        (2)         Money standing to the credit of the Consumer Credit Fund may be applied by the Commissioner for any purpose authorised by the Minister.

        (3)         The Commissioner may, when the Commissioner considers it appropriate to do so, after consultation with the Minister, wind up the Consumer Credit Fund and apply any remaining money for any purpose authorised by the Minister.



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