Turn the raw legal text into a practical explanation grounded in National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009.

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Part 3—Schedule 2 (reverse mortgages) to the amending Act 9 Subsections 179(6) and (7) of the National Credit Act Subsections 179(6) and (7) of the National Credit Act, as added by item 11 of Schedule 2 to the amending Act, apply in relation to credit contracts entered into on or after the commencement of that item. 10 Subsection 17(15A) of the new Credit Code Subsection 17(15A) of the new Credit Code, as inserted by item 12 of Schedule 2 to the amending Act, applies in relation to credit contracts entered into on or after the commencement of that item.

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Part Part 3 - National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009 - Schedule 2 (reverse mortgages) to the amending Act — Zoe