NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 301N Product intervention orders may require notification
NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 301N
Product intervention orders may require notificationA product intervention order in relation to a credit product may:
(a) require that a specified person who has engaged in a credit activity in relation to the product in respect of a consumer take reasonable steps to notify the consumer:
(i) of the terms of the order; and
(ii) of any other matter specified in regulations made for the purposes of this subparagraph; and
(b) specify requirements in relation to giving those
notifications (including requirements as to the periods within which to give
those notifications).