s 133CO
In forceMeaning of eligible credit account
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 7Special rules for short‑term and small amount credit contracts
133CO Meaning of eligible credit account
(1)
An eligible credit account is an account that:
(a)
relates to the provision, or possible provision, of consumer credit (within the meaning of the Privacy Act 1988); and
(b)
is held by one or more natural persons with a credit provider; and
(c)
is not of a kind determined under subsection (2).
(2)
ASIC may, by legislative instrument, determine one or more kinds of account for the purposes of paragraph (1)(c).
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