Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) For the code, section 15 (C) (Annual percentage rate or rates), the contract document must state an annual percentage rate worked out on the basis of charges under the contract that are interest charges (whether or not they are described in the contract as interest charges).
(2) For the code, section 15 (E) (Total amount of interest charges payable), the total amount of interest charges payable under the contract includes an amount that is an interest charge (whether or not it is described in the contract as an interest charge).
(3) For the code, section 14 (Precontractual disclosure), the precontractual statement must also set out the matters mentioned in subsections (1) and (2).
(4) The requirements of this section are
additional to any other requirements of the code, section 14 or section 15.