📜 Consumer Credit (Western Australia) Amendment Bill 2001
Assented toLCBill 5220 September 2001
The Consumer Credit (Western Australia) Amendment Bill 2001 amends the Consumer Credit (Western Australia) Act 1996 and the Consumer Credit (Western Australia) Code to modify regulations regarding short term credit contracts, including interest charges, fees and charges, and exemptions.
Impact
Credit providers and consumers using short term credit contracts are affected. The changes aim to clarify and potentially regulate short term lending practices more effectively.
Key Changes
["Amends regulations for short term credit contracts regarding interest and fees.", "Modifies exemptions for short term credit contracts under the Consumer Credit Code.", "Introduces a transitional provision for contracts ending after the commencement of the amendment."]
Parliamentary Progress
- LC Second Reading MovedLC20 Sept 2001
- LC Third ReadingLC14 Nov 2001
- LC Second Reading AgreedLC14 Nov 2001
- LA Second Reading MovedLA15 Nov 2001
- LA IntroducedLA15 Nov 2001
- LA Second Reading AgreedLA13 Dec 2001
- LA Third ReadingLA13 Dec 2001
Affected Sectors
finance
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