WAIn ForceAct
Credit Act 1984
Div 1Credit sale contracts and loan contracts
Start here
Get a plain-English read of Div 1
Turn the raw legal text into a practical explanation grounded in Credit Act 1984.
Division 1 — Credit sale contracts and loan contracts
30. Application of Part 49
31. Contracts to be in writing 50
32. Form of offer to enter into contract 50
33. Credit provider to give offeror notice of acceptance etc. 53
34. Credit provider to give debtor prescribed statement 53
35. Credit sale contracts, content of 54
36. Loan contracts, content of 56
37. Credit sale contracts that consolidate amounts due under other such contracts, content and rescission of 58
38. Annual percentage rate in contracts 60
39. Annual percentage rates for loan contracts secured by land mortgage 61
40. More than one rate of interest in contract etc. not permitted in contracts 61
41. Variation of contracts ineffective without notice 62
42. Breach of s. 31, 35, 36, 38, 39, 40(1) or 91(1), effect of 62
43. Credit provider not to enter contract that does not comply with this Division 63
44. Minimum credit charge, restrictions as to 63
45. Credit provider, on request, to give debtor etc. statement of payments etc. 64
46. Credit provider, on request, to give debtor etc. copy of some documents 65
47. Tribunal may determine reasonable legal fees etc. 66