s 133BXB
In forceWhen inquiries etc. must be made
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 3Responsible lending conduct
Part 3-1Licensees that provide credit assistance in relation to credit contracts
Division 4Obligations of credit assistance providers before providing credit assistance for credit contracts
133BXB When inquiries etc. must be made
For the purposes of applying section 128 to a licensee in relation to a low cost credit contract:
(a)
paragraphs 128(aa) and (ba) are to be disregarded; and
(b)
the period for making the assessment mentioned in paragraph 128(c), and the inquiries and verification mentioned in paragraph 128(d), is taken to be the period of 90 days (or other period prescribed by the regulations for the purposes of this paragraph) ending immediately before the licensee starts to do the thing mentioned in paragraph 128(a) or (b) (whichever applies).
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