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NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 9 Meaning of acts as an intermediary

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 9

Meaning of acts as an intermediary

    A person acts as an intermediary if, in the course of, as part of, or incidentally to, a business carried on in this jurisdiction by the person or another person, the person:

  (a)   acts as an intermediary (whether directly or indirectly) between a credit provider and a consumer wholly or partly for the purposes of securing a provision of credit for the consumer under a credit contract for the consumer with the credit provider; or

  (b)   acts as an intermediary (whether directly or indirectly) between a lessor and a consumer wholly or partly for the purposes of securing a consumer lease for the consumer with the lessor.

It does not matter whether the person does so on the person's own behalf or on behalf of another person.

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