Special Report: National Consumer Credit Reform

18 September 2009

  The National Consumer Credit Protection Bill and related legislation sets out to provide a single set of rules, and a single system of regulation, for the consumer credit industry. Considerable adjustment will be required to implement the National Credit which will involve new compliance responsibilities. Our report provides an overview of the core elements of the reform package including the credit licensing regime, responsible lending provisions, National Credit Code, timetable and transitional arrangements and penalties for breaches and non-compliance. It also lists the key tasks for credit industry participants to ready themselves for the new regime.

Click here to view the Table of Contents.

Please email Richard Batten or call +61 2 9921 4712 to request a copy of National Consumer Credit Reform.