Consumer Credit Administration Regulation 1996 (NSW)

Part 1Preliminary1Name of Regulation

This Regulation is the Consumer Credit Administration Regulation 1996.

2Commencement

This Regulation commences on 1 November 1996.

3Definition

In this Regulation:

the Act means theConsumer Credit Administration Act 1995.

4Notes

The explanatory note, table of contents and notes in the text of this Regulation do not form part of this Regulation.

Part 2General5Witnesses expenses before Tribunal

For the purposes of section 32 (4) of the Act, a witness summoned under that section is entitled to be paid fees and allowances according to the scales of expenses allowable to witnesses in civil proceedings in the District Court.

Part 3Transitional provisions6Continuation of inquiry under Part 2 of Credit (Administration) Act 1984

An inquiry that has been commenced, but not concluded, under Part 2 of the Credit (Administration) Act 1984 before the repeal of that Act may be continued and concluded, and action may be taken under section 23 (8) of that Act in relation to the person the subject of the inquiry, as if that Act had not been repealed.

7Disciplinary action arising out of continued inquiry

Clause 5 of Schedule 2 to the Consumer Credit Administration Act 1995 applies to action taken under section 23 (8) of theCredit (Administration) Act 1984 after the repeal of that Act (as referred to in clause 6 of this Regulation) in the same way as it applies to such action taken before that repeal.

8Appeals

For the purposes only of an appeal against action taken under section 13 or section 23 (8) of the Credit (Administration) Act 1984 (whether taken before or after the repeal of that Act):

• (a)

  section 24 of that Act continues to have effect as if that section had not been repealed, and

• (b)

  clauses 4 and 5 (2)–(7) of Schedule 2 to the Consumer Credit Administration Act 1995 do not apply to a decision of the Tribunal.