Credit (Amendment) Act 1985 (ACT)

AUSTRALIAN CAPITAL TERRITORY

Credit (Amendment) Ordinance 1985

No. 39 of 1985

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Ordinance under the Seat of Government (Administration) Act 1910.

Dated 15 August 1985.

N. M. STEPHEN

Governor-General

By His Excellency’s Command,

G. SCHOLES

Minister of State for Territories

An Ordinance to amend the Credit Ordinance 1985

Short title

1.  This Ordinance may be cited as the Credit (Amendment) Ordinance 1985.¹

Commencement

2.  This Ordinance shall come into operation on 21 August 1985.

Approval of form of document

3.  Section 247 of the Credit Ordinance 1985² is amended by adding at the end the following sub-section:

“(2)  Where a credit provider or a mortgagee submits to the Tribunal for its opinion a form of document intended to be given or entered into under this Ordinance, the credit provider or mortgagee shall submit the document to the Tribunal accompanied by the determined fee (if any).”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 20 August 1985.

2. No. 5, 1985.