Sch 1 (National Credit Code), s 166
In forceCalculation of comparison rates
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 6Compliance and enforcement
Part 6-8Evidentiary use of certain material
Division 1Introduction
166 Calculation of comparison rates
(1)
A regulation may make provision about the way in which comparison rates are to be calculated for the purposes of this Part.
(2)
For the purposes of calculating the relevant comparison rate, credit fees or charges are not ascertainable and need not be included in the calculation if their imposition or amount is dependent on events that may or may not happen (unless a regulation under this section otherwise provides).
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.