Commonwealth Consolidated Regulations

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NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 69C

Exemption--requirement to disclose information about the AFCA scheme

  (1)   This regulation applies to a person to whom the following apply:

  (a)   the person is:

  (i)   an unlicensed carried over instrument lender; or

  (ii)   exempt under section   109 or 110 of the Act from the requirement to hold a licence;

  (b)   the person is not a member of the AFCA scheme;

  (c)   the person would, but for this regulation, be required to comply with a requirement, under one or more of the following provisions of the Code, to disclose information about rights under, or access to, the AFCA scheme:

  (i)   subparagraph   72(4)(b)(iv);

  (ii)   subsection   85(3);

  (iii)   subsection   87(3);

  (iv)   paragraph   88(3)(g);

  (v)   subparagraph   94(2)(b)(ii);

  (vi)   paragraph   102(1)(c);

  (vii)   subsection   136(2);

  (viii)   subsection   149(2);

  (ix)   subsection   175(1);

  (x)   subparagraph   177B(4)(b)(iv);

  (xi)   subsection   179C(2);

  (xii)   subparagraph   179D(2)(f)(ii);

  (xiii)   subparagraph   179H(2)(b)(ii).

  (2)   The person is exempt from the relevant provision or provisions.



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