Australian Capital Territory Numbered Acts

CONSUMER CREDIT (ADMINISTRATION) (NO 42 OF 1996)

TABLE OF PROVISIONS

           Long Title

   PART I--PRELIMINARY

   1.      This Act may be cited as the Consumer Credit (Administration) (Consequential Provisions) Act 1996.  

   PART II--AMENDMENTS OF LAWS

   3.      In this Division, “Principal Act” means the Consumer Credit Act 1995.  
   4.      Section 2 of the Principal Act is amended by omitting subsection (3).  
   5.      Section 3 of the Principal Act is amended by omitting “established by the Credit Act 1985” from the definition of “Credit Tribunal”.  
   6.      In this Division, “Principal Act” means the Credit Act 1985.  
   7.      Section 5 of the Principal Act is amended—  
   8.      Section 81 of the Principal Act is amended—  
   9.      Section 85 of the Principal Act is amended—  
   10.     Parts XI, XII, XIII, XIV, XV and XVAA and sections 251, 252 and 253 of the Principal Act are repealed.  
   11.     Section 254 of the Principal Act is amended by omitting paragraphs (2) (a) and (b) and substituting the following paragraphs:  
   12.     Sections 255 to 262 (inclusive) and section 265 of the Principal Act are repealed.  
   13.     Section 266 of the Principal Act is amended—  
   14.     In this Division, “Principal Regulations” means the Credit Regulations.  
   15.     Regulation 3 of the Principal Regulations is amended by omitting from subregulation (1) the definitions of “certificate of registration” and “registered credit provider”.  
   16.     Regulations 26, 27, 28 and 29 of the Credit Regulations are repealed.  

   PART III--TRANSITIONAL PROVISIONS

   17.     (1) In this Part, unless the contrary intention appears—“Administration Act” means the Consumer Credit (Administration) Act 1996; “commencement day” means the day on which this Part commences; “Credit Act” means the Credit Act 1985 as in force immediately before the commencement day; “Tribunal” means the Australian Capital Territory Credit Tribunal.  
   20.     (1) A person who immediately before the commencement day held an appointment as a member of the Tribunal under section 185 of the Credit Act shall, on and after that day, be taken to have been appointed as such a member under section 63 of the Administration Act.  
   23.     (1) An investigation that immediately before the commencement day was being conducted for the purposes of paragraph 225 (a) or (b) of the Credit Act shall, on and after that day, be taken to be an investigation being conducted for the purposes of paragraph 109 (a) or (b) of the Administration Act, as the case may be.