Australian Credit Licensing (ACL) Forum

Home Forums Australian Credit Licensing (ACL) Forum When does the requirement to provide consumers with the credit disclosure documents, including a credit guide, commence? Re: When does the requirement to provide consumers with the credit disclosure documents, including a credit guide, commence?

#3057 Reply

Hi James,

 

The Government have yet again extended the deadline of credit disclosure obligations, this time from 1 August to 1 October 2011. The National Consumer Credit Protection Amendment Regulations 2011 (No. 4) included the extension, in addition to a number of other updates such as new definitions, clarifications, exemptions and disclosure requirements. It is not particularly groundbreaking but worth getting your head around before it comes into play on October 1.
We’ve written about it in more detail in our tailored regulatory update newsletter, T-REX. For more info click here.

 

Author: Kathryn Wardrobe

Co-contributor: Chris Wallace

 

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