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COMMONWEALTHAct
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s 301C

Application of product intervention orders

In force
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 4Remedies
Part 4-3Jurisdiction and procedure of courts
Division 2Civil proceedings
Subdivision AApplication of this Division

301C Application of product intervention orders

(1)

A product intervention order does not apply to a credit product entered into by a person if the person entered into the product before the order comes into force.

(2)

A product intervention order does not apply to a person:

(a)

in the person’s capacity as a consumer; or

(b)

who is in a class of persons specified in regulations made for the purposes of this paragraph.

(3)

The regulations may provide that this Part does not apply to a credit product specified in the regulations.

Note:

In a prosecution for an offence, the defendant bears an evidential burden in relation to the matters in this section (see subsection 13.3(3) of the Criminal Code).

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