Commonwealth Consolidated Regulations

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NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 58

ADIs--exemption from Code

    The Code does not apply to the provision of credit by an ADI limited by the contract to a total period not exceeding 62 days.

Note:   Subsection   6(13) of the Code provides that the regulations may exclude the provision of credit of any class from the Code.



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