Australian Capital Territory Numbered Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Download] [Help]

CREDIT REGULATIONS(AMENDMENT) (NO. 33 OF 1994) - REG 3

3. After regulation 8 of the Principal Regulations the following regulations are inserted:

Prescribed amounts for credit sale contracts and loan contracts

“8A. (1) For the purposes of subsection 30 (1) of the Act, the prescribed amount is $30,000.

“(2) For the purposes of paragraph 30 (2) (a) of the Act, the prescribed amount is $30,000.

Prescribed percentage rates for loan contracts

“8B. (1) For the purposes of paragraph 30 (2) (b) of the Act, the prescribed percentage rate is 8%.

“(2) For the purposes of paragraph 30 (2) (c) of the Act, the prescribed percentage rate is 8%.”.

   


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback