Annotated National Credit Code 6th 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 the provision of credit to consumers or strata corporations under the National Consumer Credit Protection Act 2009 (Cth) (NCCP) and the National Credit Code (NCC). It includes commentary on:responsible lending referral arrangements unfair contract terms transactions regulated by the NCC, including credit contracts (including continuing credit contracts, small amount credit contracts, medium amount credit contracts and reverse mortgages), mortgages and guarantees, consumer leases and insurance statements of account payouts and surrender of goods formal requirements for documents and other notices disclosure obligations (including credit guides and key facts sheets) procedural matters including obligations imposed on increases in credit limits or amount of credit compliance and enforcement penalties.
Featurescomprehensively updated National Credit Code’s key features, with practical guidance on interpretation and application overview of ASIC licensing system, responsible lending requirements, responsibilities of credit providers, credit enforcement issues and penalty for breaches analyses new regimes for small amount credit contracts, reverse mortgages, consumer leases and the revised financial hardship regime
• Bolitho, Paterson and Howell, Duggan & Lanyon’s Consumer Credit Law, 2nd ed, 2020
• LexisNexis, Australian Consumer Credit Law (loose-leaf and online)
• Steinwall, Annotated Competition and Consumer Legislation, 2018
• Lockhart, The Law of Misleading and Deceptive Conduct, 5th ed, 2018