Small Amount Credit Contract and Consumer Lease Regulations

The National Consumer Credit Protection Amendment (Financial Sector Reform) Regulations 2023 have been registered.

These regulations amend the National Consumer Credit Protection Regulations 2010 to further regulate small amount credit contracts and consumer leases as provided for in the Financial Sector Reform Act 2022.

The Regulations for small amount credit contracts are unchanged from the exposure draft.

Background.

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David Jacobson

Author: David Jacobson
Principal, Bright Corporate Law
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About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.

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