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NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 52 Obligation to cite Australian credit licence number

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 52

Obligation to cite Australian credit licence number

When this section applies

  (1)   This section applies on or after the day that is 2 years after the day section   3 commences.

Requirement to include licence number in documents

  (2)   Whenever a licensee identifies itself in a document of a kind prescribed by the regulations, the licensee must:

  (a)   include in the document the licensee's Australian credit licence number; and

  (b)   identify in the document that the number is the licensee's Australian credit licence number.

Civil penalty:   5,000 penalty units.

Strict liability offence

  (3)   A person commits an offence if:

  (a)   the person is subject to a requirement under subsection   (2) to include and identify its Australian credit licence number in a document; and

  (b)   the person engages in conduct; and

  (c)   the conduct contravenes the requirement.

Criminal penalty:   20 penalty units.

  (4)   Subsection   (3) is an offence of strict liability.

Note:   For strict liability, see section   6.1 of the Criminal Code.

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