Consumer Credit (Western Australia) Amendment Regulations 2002 (WA)

21 May 2002 GOVERNMENT GAZETTE, WA 2589

CE301*

Consumer Credit (Western Australia) Act 1996

These regulations come into operation on the day on which the
Consumer Credit (Western Australia) Amendment Act 2001

comes into operation.

Consumer Credit (Western Australia)

Amendment Regulations 2002

Made by the Governor in Executive Council.

1.            Citation

These regulations may be cited as the Consumer Credit
(Western Australia) Amendment Regulations 2002.

2.            Commencement

2590 GOVERNMENT GAZETTE, WA 21 May 2002

3.            The regulation amended

The amendments in these regulations are to the Consumer
Credit (Western Australia) Regulations 1996*.
[* Reprinted as at 28 April 2000.

For amendments to 1 May 2002 see 2000 Index to
Legislation of Western Australia, Table 4, p. 571

4.            Section 6 amended

Section 6(a) is amended by deleting "$200" and inserting
instead —
"$50".

5.            Section 6E inserted

After section 6D the following section is inserted

44  

6E.	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).

By Command of the Governor,

M. C. WAUCHOPE, Clerk of the Executive Council.