CTHRepealedLegislation
National Consumer Credit Protection (Transitional and Consequential Provisions) Regulations 2010
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National Consumer Credit Protection (Transitional and Consequential Provisions) Regulations 2010
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Turn the raw legal text into a practical explanation grounded in National Consumer Credit Protection (Transitional and Consequential Provisions) Regulations 2010.
16C Modification of paragraph 14 (1) (a) of Schedule 2 to Act
Item 14, of Schedule 2 to the Act applies to the registered person as if it were modified by substituting the following paragraph for paragraph 14 (1) (a):
(a) impose conditions or additional conditions on a registered person who is a party to a servicing agreement with a special purpose funding entity, including a condition requiring the registered person to cease engaging in a credit activity on behalf of the special purpose funding entity; and
Subdivision 2.2 Modifications — locums and temporary staff