NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 133CO Meaning of eligible credit account

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 133CO

  (1)   An eligible credit account is an account that:

  (a)   relates to the provision, or possible provision, of consumer credit (within the meaning of the Privacy Act 1988 ); and

  (b)   is held by one or more natural persons with a credit provider; and

  (c)   is not of a kind determined under subsection   (2).

  (2)   ASIC may, by legislative instrument, determine one or more kinds of account for the purposes of paragraph   (1)(c).