Commonwealth Consolidated Regulations

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NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 25D

Modification--meaning of services for regulations 23 and 23A

    For the purposes of paragraph   110(1)(c) of the Act, the definition of services in subsection   204(1) of the Code is modified for the purposes of regulations   23 and 23A to provide that services :

  (a)   includes:

  (i)   insurance; or

  (ii)   professional services; or

  (iii)   a right to services; and

  (b)   does not include:

  (i)   rights in relation to, and interest in, real property; or

  (ii)   services relating to a credit contract or consumer lease that is regulated under the National Credit Code, or would be regulated under the National Credit Code if entered into, other than credit services.



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