📘 Credit (Commonwealth Powers) (Transitional and Consequential Provisions) Act 2010
014 of 2010Assented 25 June 2010· Minister for Commerce
This Act facilitates the transition to the Commonwealth's National Consumer Credit Protection Act 2009 by repealing the WA Consumer Credit Act 1996 and making consequential amendments to other WA Acts. It also provides for transitional arrangements and information sharing with ASIC.
Impact
Credit providers, finance brokers, and consumers in Western Australia are affected. The Act ensures a smooth transition to the national credit regime and clarifies the handling of existing proceedings and information.
Sectors
finance
This Act originated as a bill
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