s 74
In forceApplication of this Division
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 2Licensing of persons who engage in credit activities
Part 2-2Australian credit licences
Division 5Obligations of licensees
Subdivision CNotifying and remediating consumers affected by reportable situations
74 Application of this Division
This Division applies to any conduct of a representative of a licensee:
(a)
that relates to a credit activity; and
(b)
on which a third person (the client) could reasonably be expected to rely; and
(c)
on which the client in fact relied in good faith.
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