Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For paragraph 164(d) of the Act, this regulation applies to a licensee that enters into a credit contract with a consumer in the form of issuing a credit card.
(2) The provisions of the Act to which Part 3 - 7 of the Act applies apply as if paragraph 128(a) were modified to read:
'(a) provide a consumer with a credit card for the purpose of entering a credit contract that is formed or entered by:
(i) the use by a consumer of the credit card to obtain credit from the licensee; or
(ii) the activation by a consumer of the credit card by
arrangement with the licensee;'.