Australian Capital Territory Consolidated Acts

CREDIT ACT 1985 - SECT 68

    (1)     If a credit provider receives a written request from a debtor under a continuing credit contract or from a guarantor who has entered into a contract of guarantee with the credit provider in relation to the obligations of the debtor under a continuing credit contract, the credit provider shall, within 14 days after receipt of the request, give to the debtor or guarantor who made the request—

        (a)     a copy of any notice given under section 3 (4), 59 or 60; and

        (b)     if the request relates to a contract referred to in section 59 (3)—a copy of the offer referred to in that subsection;

in relation to the contract.

Note      A fee may be determined under s 255 (Determination of fees) for a request under this subsection.

    (2)     Subject to subsection (3), a credit provider that fails to comply with subsection (1) commits an offence.

Maximum penalty:

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

        (b)     for a corporation—$5 000.

    (3)     A credit provider is not required to comply with a request under subsection (1) from a debtor under a continuing credit contract or from a guarantor under a contract of guarantee if, within the period of 14 days immediately before the receipt of the request, the credit provider has complied with an earlier request from that debtor or guarantor in relation to that contract or contract of guarantee.