Australian Securities and Investments Commission Credit (Amendment) Instrument 2023/675 (Cth)

ASIC Credit (Amendment) Instrument 2023/675

I, Anthony Graham, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

Date    21 September 2023

Anthony Graham

Contents

Part 1—Preliminary

1    Name of legislative instrument

2    Commencement

3    Authority

4    Schedules

Schedule 1—Amendments

ASIC Credit (Electronic Precontractual Disclosure) Instrument 2020/835

Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Credit (Amendment) Instrument 2023/675.

2        Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislation.

Note:    The register may be accessed at Authority

This instrument is made under

(a) paragraph 163(3)(d) of the National Consumer Credit Protection Act 2009 (the Act); and

(b)     subsection 203A(3) of the National Credit Code (the Code).

Note: The Code is found in Schedule 1 to the Act.

4        Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

ASIC Credit (Electronic Precontractual Disclosure) Instrument 2020/835

1        Section 3

Omit “end of the period of 3 years beginning on the day after it commences”, substitute “start of 1 October 2024”.