Australian Capital Territory Numbered Acts

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CONSUMER CREDIT ACT 1995 (NO. 18 OF 1995) - SECT 5

Application of regulations under the Consumer Credit Code

5. (1) The regulations in force for the time being under Part 4 of the Consumer Credit (Queensland) Act—

        (a)     apply as regulations in force for the purposes of the Consumer Credit (Australian Capital Territory) Code; and

        (b)     as so applying may be referred to as the Consumer Credit (Australian Capital Territory) Regulations.

(2) Schedule 2 to the Consumer Credit (Australian Capital Territory) Code applies in relation to those regulations.

(3) To the extent that a provision of those regulations takes effect from a day earlier than the day of notification of the provision in the Government Gazette of Queensland, the provision does not operate in the Territory so as to—

        (a)     affect, in a manner prejudicial to any person (other than the Territory or an authority of the Territory), the rights of that person existing before the day of notification; or

        (b)     impose liabilities on any person (other than the Territory or an authority of the Territory) in respect of anything done or omitted to be done before the day of notification.



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