CTHIn ForceAct
National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009
39Application of Chapter 7 of the National Credit Act
Start here
Get a plain-English read of 39
Turn the raw legal text into a practical explanation grounded in National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009.
39 Application of Chapter 7 of the National Credit Act
(1) Chapter 7 (which deals with miscellaneous matters) of the National Credit Act, other than sections 327, 329 and 331, applies during the period that:
(a) starts on the day section 3 of the National Credit Act commences; and
as if all references to “this Act” were references to “this Act and Schedule 2 to the Transitional Act”.
(2) Section 327 of the National Credit Act applies to a decision made by ASIC under this Schedule (other than subitem 41(3)) that is made during the period referred to in subitem (1) of this item in the same way as it applies to a decision made by ASIC under the National Credit Act on or after commencement.