Consumer Credit (Western Australia) Code Regulations Amendment Order 2008 (WA)

8 August 2008 GOVERNMENT GAZETTE, WA 3503

CE301*

Consumer Credit (Western Australia) Act 1996

Consumer Credit (Western Australia) Code

Regulations Amendment Order 2008

Made by the Governor in Executive Council under section 6 of the Act.

1.            Citation

This order is the Consumer Credit (Western Australia) Code
Regulations Amendment Order 2008.

2.            The regulations amended

The amendments in this order are to the Consumer Credit
(Western Australia) Code Regulations.

(Commonwealth) section 5(1);

3.            Commencement

This order comes into operation as follows:

(a)	clauses 1 and 2 — on the day on which this order is published in the Gazette;
(b)	the rest of the order — on the day after that day.

4.            Section 3 amended

Section 3 is amended by inserting in the appropriate alphabetical position

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"authorised deposit-taking institution" has the

meaning given in the Banking Act 1959

3504 GOVERNMENT GAZETTE, WA 8 August 2008

5.            Section 5B inserted

After section 5A the following section is inserted

44  

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.

6.            Section 6F amended

Section 6F(2) is repealed.

Note: A draft of this order (as the Consumer Credit (Western Australia) Code Regulations Amendment Order 2008) was approved by the Legislative Assembly on 7 May 2008 (see Hansard pp. 2581-2) and by the

Legislative Council on 26 June 2008 (see Hansard p. 4463-4).

By Command of the Governor,

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