s 15A
In forceMeaning of associate
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 1Introduction
Part 1-2Definitions
Division 3Definitions relating to the meaning of credit activity
15A Meaning of associate
(1)
If a person is associated with a credit provider for the purposes of the National Credit Code:
(a)
the person is an associate of the credit provider; and
(b)
the credit provider is an associate of the person.
(2)
In any other case, a person is an associate of another person in the circumstances prescribed by the regulations.
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