3Definitions

3 Definitions

(1) In these Regulations:

Act means the National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009.

associate has the meaning given by regulation 4.

credit card has the meaning given by subregulation 3 (1) of the National Credit Regulations.

exempt special purpose funding entity has the meaning given by subregulation 3 (1) of the National Credit Regulations.

financial counselling association has the same meaning as in ASIC Class Order [CO 03/1063].

financial counselling service means a counselling and advocacy service provided predominantly for the purpose of assisting individuals who are in financial difficulty to resolve their problems.

inappropriate person has the meaning given by subregulation 3 (1) of the National Credit Regulations.

licensee has the meaning given by subsection 5 (1) of the National Credit Act.

National Credit Regulations means the National Consumer Credit Protection Regulations 2010.

registered debt agreement administrator means a person registered by the Insolvency and Trustee Service Australia as a debt agreement administrator under Part IX of the Bankruptcy Act 1966.

servicing agreement has the meaning given by section 5 of the National Credit Act, as modified by item 3.4 of Schedule 3 to the National Credit Regulations.

special purpose funding entity has the meaning given by section 5 of the National Credit Act, as modified by item 3.4 of Schedule 3 to the National Credit Regulations.

unlicensed carried over instrument lender has the meaning given by modified section 5 of the National Credit Act as mentioned in item 2.4 of Schedule 2 to the National Credit Regulations.

unsolicited contact has the meaning given by subregulation 3 (1) of the National Credit Regulations.

(2) In these Regulations, a provision of the National Credit Act modified in accordance with Division 2 of Part 2-4 of the National Credit Regulations is referred to as modified.