📜 Consumer Credit (Western Australia) Amendment Bill 1999
Assented toLABill 5828 October 1999
The Consumer Credit (Western Australia) Amendment Bill 1999 amends the Consumer Credit (Western Australia) Act 1996 to modify the Consumer Credit (Western Australia) Code. Key changes relate to the definition of 'amount of credit', contract requirements, and payment crediting.
Impact
Credit providers and consumers in Western Australia are affected. The changes clarify aspects of credit contracts, potentially affecting how credit is offered and managed.
Key Changes
["Modifies the definition of 'amount of credit' to exclude certain interest and fees.", "Changes requirements for written contract documents and acceptance of offers.", "Amends rules regarding the crediting of payments under credit contracts.", "Modifies disclosure requirements related to insurance."]
Parliamentary Progress
- LA IntroducedLA28 Oct 1999
- LA Second Reading MovedLA28 Oct 1999
- LA AmendedLA22 Mar 2000
- LA Consideration in DetailLA22 Mar 2000
- LA Second Reading AgreedLA22 Mar 2000
- LA Third ReadingLA23 Mar 2000
- LC Second Reading MovedLC28 Mar 2000
- LC Second Reading AgreedLC30 May 2000
- LC Third ReadingLC30 May 2000
Affected Sectors
finance
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