Credit Act 1984

A provision in a continuing credit contract which requires the debtor to pay to the credit provider an amount other than an amount that is—

the cash price of goods or services supplied by the credit provider or by another supplier in respect of payment for which credit is provided under the contract;

an amount of cash supplied by the credit provider or by another supplier for the supply of which credit is provided under the contract;

a credit charge;

an amount of enforcement expenses;

an amount of stamp duty in respect of or in relation to the contract payable by the debtor to the credit provider;

an amount payable under the contract by the debtor to the credit provider that is a prescribed charge for the purposes of this section; or

the amount of any other consideration given to the debtor under the contract being consideration that is of a kind prescribed for the purposes of this section—

A credit provider shall not enter into a continuing credit contract that includes a provision that, by reason of subsection (1) is void.