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National Consumer Credit Protection Regulations 2010
28HAAScope of this Part
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#### 28HAA Scope of this Part
This Part:
(a) applies to a licensee if the licensee has made an election under subsection 133BXA(1) of the Act and has not revoked the election; and
(b) applies to such a licensee in relation to a credit contract if the credit contract is a low cost credit contract covered by the election.
> Note: Under subsection 133BXA(1) of the Act, a licensee may elect that Part 3‑2BA of the Act apply to the licensee in relation to some or all low cost credit contracts.