Consumer Credit Amendment Regulation (No. 1) 2001 (Qld)

Queensland Subordinate Legislation 2001 No. 251 Consumer Credit (Queensland) Act 1994 CONSUMER CREDIT AMENDMENT REGULATION (No. 1) 2001 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Commencement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Regulation amended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 Amendment of s 6 (Additional exempt credit) . . . . . . . . . . . . . . . . . . . . . . . 2 5 Insertion of new s 6F . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 6F Authorised deposit-taking institutions—exemption from Code . . . . 2

s1 2 s5 Consumer Credit Amendment Regulation (No. 1) 2001 No. 251, 2001 1 Short title This regulation may be cited as the Consumer Credit Amendment Regulation (No. 1) 2001 . 2 Commencement This regulation commences on 10 December 2001. 3 Regulation amended This regulation amends the Consumer Credit Regulation 1995. 4 Amendment of s 6 (Additional exempt credit) Section 6(a), ‘$200’— omit, insert — ‘$50’. 5 Insertion of new s 6F After section 6E— insert — ‘6F Authorised deposit-taking institutions—exemption from Code ‘ (1 ) The Code does not apply to the provision of credit by an authorised deposit-taking institution limited by the contract to a total period not exceeding 62 days. ‘ (2) In this section— “authorised deposit-taking institution” has the meaning given under the Banking Act 1959 (Cwlth), section 5(1).’.

3 Consumer Credit Amendment Regulation (No. 1) 2001 No. 251, 2001 ENDNOTES 1. Made by the Governor in Council on 6 December 2001. 2. Notified in the gazette on 7 December 2001. 3. Laid before the Legislative Assembly on . . . 4. The administering agency is the Office of Fair Trading. © State of Queensland 2001