Commonwealth Consolidated Regulations

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NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 27B

Credit guide of credit representatives--when information about fees, charges and indirect remuneration not required

  (1)   This regulation is made for paragraph   158(3)(a) of the Act (credit guide of credit representatives).

  (2)   The information mentioned in subparagraph   158(2)(e)(iii) or (g)(ii) or (iii) of the Act need not be included in the credit guide if:

  (a)   the credit guide includes a statement that the consumer may obtain information from the credit representative about:

  (i)   how fees and charges payable by the consumer are worked out; and

  (ii)   a reasonable estimate of the indirect remuneration likely to be received, directly or indirectly, by the credit representative and how the indirect remuneration is worked out; and

  (b)   the credit representative has in place arrangements to make the information available when requested by the consumer.



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