Annotated National Credit Code 7th edition is an essential guide to consumer credit regulation in Australia. It is a user- friendly practical guide for businesses, regulators, external dispute resolution schemes, consultants, compliance officers, credit agencies, consumer advocates and legal practitioners.
This new edition provides a comprehensive update on issues involving unfair contract terms, product intervention orders, ePayments, small amount credit contracts, and consumer leases. It includes commentary on substantive amendments to the National Consumer Credit Protection Act 2009 and the National Consumer Credit Protection Regulations 2010.
Features
summarises Australia's consumer credit protection regime, i.e., relevant Acts, Regulations, Regulatory Guides, and Information Sheets
provides commentary on the new regulations pertaining to:
o obtaining and considering information to verify financial situation of consumers
o small amount credit contracts-income requirements
o consumer leases for household goods - income requirements
o constrained documents and constrained information
o avoidance schemes
o disclosure of information in consumer leases for household goods
o base price of goods
provides detailed overviews of the NCCP Act regime and the National Credit Code
includes updated information on the ASIC licensing system, responsible lending requirements, responsibilities of credit providers, credit enforcement issues and penalty for breaches
includes a summary of and commentary on the legislative response to the Banking Royal Commissions
content is current to 1 July 2023
Related Titles
Lockhart, The Law of Misleading or Deceptive Conduct, 6th edition
Bolitho, Paterson and Howell, Duggan & Lanyon's Consumer Credit Law, 2nd edition
Tyree, Banking Law in Australia, 10th edition
Steinwall, Annotated Competition and Consumer Legislation, 2023 edition
