Consumer Credit Legislation Amendment Bill 1996 (Qld)

Queensland

CONSUMER CREDIT LEGISLATION AMENDMENT BILL 1996

Queensland

oh

CONSUMER CREDIT LEGISLATION AMENDMENT BILL 1996

TABLE OF PROVISIONS

Section Page

w

onan 11 13 15

PART 1—PRELIMINARY

Short title 2.2... eee eee 6 Commencement ........ 0.0.6 c ccna 6 Acts amended—schedule .......... 0.0.00. c eee eee 6 PART 2—AMENDMENT OF CREDIT ACT 1987 Act amended .......... 0... eee eee 6 Amendment of s 7 (Interpretation) ................0...00 0000000000. 7 Amendment of s 19 (Recognised States) ..................00000000. 7 Amendment of s 21 (Variation of application of Act) ................. 7 Insertion of new ss 21A and 21B ..... 2... eee 8 21A Act not to apply to new credit contracts ...............2.0005 8 21B Act to continue to apply in certain cases ..............-.2005. 8 Omission of pt 9, divs land2 .......... 0.0... 9 Omission of pt 9A (Consumer Credit Fund) ...................00000. 9 Amendment of s 155 (Governor in Council may fix maximum annual percentage rates) ..... 2.6... 9 Omission of ss 164-166... 0... 000s 10 Omission of pt 11 (Administration) ...........0.......00 00000 10

PART 3—AMENDMENT OF CONSUMER CREDIT (QUEENSLAND) ACT 1994

Act amended .......... 0... eee eee 10 Replacement of s 3 (Definitions) ...............0. 000.0000 200 eee eee 10 3 Definitions for Act (other than Code) .................000000. 10

3A Words and expressions in Act (other than Code). .............. 12 Consumer Credit Legislation Amendment

Insertion of news 11A .. 2... eee tte 12 11A_— General regulation-making power for Queensland .............. 12 Insertion of news 112A... 6.6. eee tte 12 12A Approval of forms for Queensland ....................000000. 12 Insertion of new pts 6-10... 6.6... c eee eee eet eens 13

PART 6—CONTROL OF CREDIT PROVIDERS' PRACTICES

Division 1—Preliminary 16

Division 2—Unjust conduct by credit providers 182022