Consumer Credit (Bill Facilities) Amendment Regulation (No. 1) 2007 (Qld)

Queensland Consumer Credit (Bill Facilities) Amendment Regulation (No. 1) 2007 Subordinate Legislation 2007 No. 302 made under the Consumer Credit (Queensland) Act 1994 Contents Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Regulation amended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Replacement of s 3 (Definition) . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Definitions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 Insertion of new s 5B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 5B Application of Code to provision of credit under bill facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 5 Amendment of section 6F (Authorised deposit-taking institutions—exemption from Code) . . . . . . . . . . . . . . . . . . . . . . . 2

s1 2 s5 Consumer Credit (Bill Facilities) Amendment Regulation (No. 1) 2007 No. 302, 2007 1 Short title This regulation may be cited as the Consumer Credit (Bill Facilities) Amendment Regulation (No. 1) 2007 . 2 Regulation amended This regulation amends the ConsumerCreditRegulation1995. 3 Replacement of s 3 (Definition) Section 3— omit, insert — ‘3 Definitions ‘In this regulation— authorised deposit- taking institution has the meaning given under the Banking Act 1959 (Cwlth), section 5(1). the Code means the Consumer Credit Code.’. 4 Insertion of new s 5B After section 5A— insert — ‘5B Application of Code to provision of credit under bill facilities ‘The Code applies to the provision of credit arising out of a bill facility unless the credit is provided by an authorised deposit-taking institution.’. 5 Amendment of section 6F (Authorised deposit-taking institutions—exemption from Code) Section 6F(2)— omit.

3 Consumer Credit (Bill Facilities) Amendment Regulation (No. 1) 2007 No. 302, 2007 ENDNOTES 1 Made by the Governor in Council on 29 November 2007. 2 Notified in the gazette on 30 November 2007. 3 Laid before the Legislative Assembly on . . . 4 The administering agency is the Department of Justice and Attorney-General. © State of Queensland 2007