Commonwealth Consolidated Regulations

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NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 79AB

Credit provider or prescribed person must not require or accept payment of fee or charge in relation to small amount credit contract etc

    For subsection   31B(1) of the Code, a person who has been introduced to a debtor by a credit provider to provide a service in relation to a small amount credit contract is a prescribed person (whether or not the person is associated with the credit provider).

Note:   Section   31B of the Code applies to a credit provider or a person prescribed by the regulations.



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