Sch 1 (National Credit Code), s 19
In forceAlteration of contract document
Volume 1Chapters 1 to 6 (sections 1 to 322)
Schedule 1National Credit Code
Part 5-2Documents lodged with, or information given or provided to, ASIC or required by this Act
Division 4Other provisions relating to documents lodged with ASIC or required under this Act
19 Alteration of contract document
(1)
An alteration of (including an addition to) a new contract document by the credit provider after it is signed by the debtor is ineffective unless the debtor has agreed in writing to the alteration.
(2)
This section does not apply to an alteration having the effect of reducing the debtor’s liabilities under the credit contract.
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