National Consumer Credit Protection Regulations 2010
59Estate administrators—exemption from certain provisions of Code
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59 Estate administrators—exemption from certain provisions of Code
(1) The Code, other than sections 76 to 81, does not apply to a public official or a public body authorised by any law or court to administer a person’s estate, to the extent that the public official or public body is providing credit to the person’s estate, whether or not the person is deceased. (2) In this regulation:
estate includes trust property.
public body includes a corporation owned or controlled by:
(a) the Commonwealth; or
(b) a State or Territory; or
(c) an authority of the Commonwealth or a State or Territory.
Note: Section 203B of the Code provides, among other things, that the regulations may exempt a person or a class of persons from all or specified provisions of the Code.