s 160F
In forcePeriods for determining unsuitability in respect of credit card contracts
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 3Responsible lending conduct
Part 3-2CALicensees supplying credit information to credit reporting bodies etc.
Division 2Supplying credit information to credit reporting bodies etc.
160F Periods for determining unsuitability in respect of credit card contracts
(1)
ASIC may, by legislative instrument, determine a period for the purposes of the following provisions:
(a)
paragraph 118(3AA)(b);
(b)
paragraph 119(3A)(b);
(c)
paragraph 123(3AA)(b);
(d)
paragraph 124(3A)(b);
(e)
paragraph 131(3AA)(b);
(f)
paragraph 133(3AA)(b).
(2)
Without limiting subsection (1), a legislative instrument referred to in that subsection may determine different periods in relation to the following:
(a)
different classes of credit card contracts;
(b)
different credit limits;
(c)
different rates of interest.
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