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National Consumer Credit Protection Regulations 2010
26BCredit guide of credit provider or lessor—information about mortgage managers and product designers
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#### 26B Credit guide of credit provider or lessor—information about mortgage managers and product designers
(1) This regulation is made for the following provisions of the Act:
(a) paragraph 126(2)(g) (credit guide of credit providers);
(b) paragraph 149(2)(g) (credit guide of lessors).
(2) If a licensee is likely to enter into a credit contract or consumer lease with a consumer as a result of a mortgage manager or a product designer providing credit assistance to the consumer, the licensee’s credit guide must include the information in subregulation (3).
(3) The licensee must include an explanation of the relationship between:
(a) the licensee and the mortgage manager; or
(b) the licensee and the product designer.