49LApplication and transitional—Part 1 of Schedule 1 to the National Consumer Credit Protection Amendment (Low Cost Credit) Regulations 2025

#### 49L Application and transitional—Part 1 of Schedule 1 to the National Consumer Credit Protection Amendment (Low Cost Credit) Regulations 2025 Low cost credit contracts—fees or charges (1) Regulation 69G, as inserted by Part 1 of Schedule 1 to the National Consumer Credit Protection Amendment (Low Cost Credit) Regulations 2025, applies in relation to contracts entered into before, on or after the commencement of Part 1 of Schedule 2 to the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 (the amending Part). > Note: Regulation 69G applies only on and after the delayed commencement time: see item 8 of Schedule 2 to the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024. Default notices (2) The amendments made by items 7, 8 and 12 to 17 of Part 1 of Schedule 1 to the National Consumer Credit Protection Amendment (Low Cost Credit) Regulations 2025 apply in relation to a default that occurs on or after the commencement of that Schedule. Chapter 7—Matters in relation to the National Credit Code