Credit (Administration) Act 1984

The provisions of section 6 do not apply to —

the Crown or a public or local body or authority constituted by or under an Act;

a bank;

a body corporate that is registered under the Life Insurance Act 1945 of the Commonwealth ³ as amended and in force for the time being unless the only or principal business carried on by it is the business of providing credit;

a body corporate authorised under the Insurance Act 1973 of the Commonwealth as amended and in force for the time being to carry on insurance business unless the only or principal business carried on by it is the business of providing credit;

unless Part VII of the Insurance Act 1973 of the Commonwealth as amended and in force for the time being has ceased to have effect — a Lloyd’s underwriter, being an underwriter of the society known as Lloyd’s incorporated by the Imperial Act known as Lloyd’s Act 1871;

a person conducting business as a pawnbroker under a pawnbroker’s licence held by or on behalf of the person under the Pawnbrokers and Second‑hand Dealers Act 1994;

a pastoral finance company;

any other person empowered by an Act or an Act of the Commonwealth to lend money or provide credit, in respect of the lending of money or provision of credit in accordance with that Act or that Act of the Commonwealth.

A reference in section 6 to carrying on a business of providing credit does not include a reference to —

providing credit otherwise than under a contract to which this Act applies; or

collecting money due to a person whose licence has been surrendered, is suspended or has been cancelled.