Commonwealth Consolidated Regulations

NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 28LBB

    For the purposes of subsection   133BC(1) of the Act, if a licensee:

  (a)   makes available, in an electronic form, an application form that can be used to apply for a credit card contract; and

  (b)   includes, as part of the electronic form, a hyperlink to a Key Facts Sheet for the contract;

the application form is taken to include a Key Facts Sheet for the contract.

Example:   A licensee may provide an application form as an online document, in an email, or as an attachment to an email.

Note:   Subsection   133BC(1) of the Act requires the Key Facts Sheet to contain up - to - date information.