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National Consumer Credit Protection Act 2009
160FPeriods for determining unsuitability in respect of credit card contracts
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160F Periods for determining unsuitability in respect of credit card contracts
(1) ASIC may, by legislative instrument, determine a period for the purposes of the following provisions:
(a) paragraph 118(3AA)(b);
(b) paragraph 119(3A)(b);
(c) paragraph 123(3AA)(b);
(d) paragraph 124(3A)(b);
(e) paragraph 131(3AA)(b);
(f) paragraph 133(3AA)(b).
(2) Without limiting subsection (1), a legislative instrument referred to in that subsection may determine different periods in relation to the following:
(a) different classes of credit card contracts;
(b) different credit limits;
(c) different rates of interest.
Division 6—Proscribed referrals