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Sch 1 (National Credit Code), s 57

Copies of documents for guarantor

In force
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 6Compliance and enforcement
Part 6-2Examination of persons
Division 1Introduction

57 Copies of documents for guarantor

(1)

A credit provider must, not later than 14 days after a guarantee is signed and given to the credit provider, give the guarantor:

(a)

a copy of the guarantee signed by the guarantor; and

(b)

a copy of the credit contract or proposed credit contract.

(2)

Paragraph (1)(a) does not apply if the credit provider has previously given the guarantor a copy of the guarantee document to keep and paragraph (1)(b) does not apply if the credit provider has previously given the guarantor a copy of the credit contract or proposed credit contract to keep.

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Section 57 — Copies of documents for guarantor — National Consumer Credit Protection Act 2009 (Commonwealth) — Barrister AI