Section 4 amended
16 Section 4 amended
In section 4 delete the definition of Code.
In section 4 insert in alphabetical order:
ASIC means the Australian Securities and Investments Commission;
Code means the Consumer Credit (Western Australia) Code as in force from time to time before the referral day;
pending application means an application for a credit provider’s licence made under section 9 which immediately before the referral day has been neither granted under section 12(1) nor refused under section 12(2) or (4);
referral day means the day on which the Credit (Commonwealth Powers) Act 2010 section 4 comes into operation;
This Act’s bill:Explanatory memorandumSecond reading speech
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