Australian Capital Territory Consolidated Acts

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CREDIT ACT 1985 - SECT 22

Supplier not to require buyer to obtain credit from specified person

    (1)     A supplier shall not require a person who, under a contract of sale, buys or proposes to buy goods and services supplied by that supplier to obtain credit from a specified person in relation to payment for the goods and services.

    (2)     A supplier that contravenes subsection (1) commits an offence.

Maximum penalty:

        (a)     for an individual—$1 000; and

        (b)     for a corporation—$5 000.



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