Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsFor subsection 31B(1) of the Code, a person specified in the following table is a prescribed person.
Prescribed persons | |
Item | Person |
1 | A person who introduces a debtor to a credit provider (whether or not the person is associated with the credit provider). |
2 | 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 (whether or not the person is associated with the credit provider). |
Note: Section 31B of the Code relates to fees and charges in relation to:
(a) a small amount credit contract; or
(b) the provision of an amount of credit under a small amount credit contract; or
(c) a thing that is connected with a small amount credit contract or the provision of an amount of credit under such a contract.
Section 31B of the Code applies to a credit provider or a person prescribed by the regulations.