This Part has rules that apply to licensees who are, or are to be, credit providers under short - term credit contracts and small amount credit contracts. It applies in addition to the general rules in Part   3 - 2.

Division   2 prohibits a licensee from entering into, or increasing the credit limit of, short - term credit contracts. It also imposes requirements on a licensee who makes representations about entering into small amount credit contracts and prohibits a licensee from entering into, or offering to enter into, small amount credit contracts in certain circumstances. Division   2 imposes requirements in relation to recording the assessment that a small amount credit contract is not unsuitable and prohibits a licensee from making certain unsolicited communications in relation to small amount credit contracts. It also provides that the consumer is not liable to pay certain fees and charges under small amount credit contracts in certain circumstances.