Australian Capital Territory Numbered Acts

CREDIT (AMENDMENT) ACT 1991 (NO. 97 OF 1991) - SECT 9

9. (1) Schedule 2 to the Principal Act is amended—

        (a)     by inserting “or against unemployment of the debtor” after “the debtor” in subparagraph 1 (e) (iv);

        (b)     by omitting subparagraph 1 (e) (vi); and

    (c)     by inserting after clause 2 the following clause:

    “3.     If an amount payable in relation to a contract of life insurance is included in an amount disclosed under subparagraph 1 (e) (iv) of this Schedule, nothing in this Schedule requires any further disclosure relating to that contract of life insurance.”.

(2) Schedule 4 to the Principal Act is amended—

        (a)     by inserting “or against unemployment of the debtor” after “the debtor” in subparagraph 1 (b) (iii);

    (b)     by omitting subparagraph 1 (b) (v); and

        (c)     by inserting after clause 2 the following clause:

    “3.     If an amount payable in relation to a contract of life insurance is included in an amount disclosed under subparagraph 1 (b) (iii) of this Schedule, nothing in this Schedule requires any further disclosure relating to that contract of life insurance.”.

(3) Schedule 7 to the Principal Act is amended—

        (a)     by inserting “or against unemployment of the debtor” after “the debtor” in subparagraph 1 (k) (iii);

        (b)     by omitting subparagraph 1 (k) (v); and

        (c)     by inserting after clause 2 the following clause:

    “3.     If an amount payable in relation to a contract of life insurance is included in an amount disclosed under subparagraph 1 (k) (iii) of this Schedule, nothing in this Schedule requires any further disclosure relating to that contract of life insurance.”.