Sch 1 (National Credit Code), s 67AA
In forceIncreasing credit limits under low cost credit contracts
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 6Compliance and enforcement
Part 6-2Examination of persons
Division 2Examination of persons
67AA Increasing credit limits under low cost credit contracts
A credit provider may increase the credit limit under a low cost credit contract only at the request of the debtor or with the written consent of the debtor.
Note:
For low cost credit contracts that are continuing credit contracts, subsection 67(4) has the same effect as this section.
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