Commonwealth Consolidated Acts

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TRADE PRACTICES ACT 1974 - SECT 51AF

Part does not apply to financial services

             (1)  This Part does not apply to the supply, or possible supply, of services that are financial services.

             (2)  Without limiting subsection (1):

                     (a)  sections 52 and 55A do not apply to conduct engaged in in relation to financial services; and

                     (b)  if a financial product consists of or includes an interest in land, section 53A does not apply to that interest; and

                     (c)  section 63A does not apply to:

                              (i)  a credit card that is part of, or that provides access to, a credit facility that is a financial product; or

                             (ii)  a debit card that allows access to an account that is a financial product.

             (3)  In subsection (2):

"credit card" has the same meaning as in section 63A.

"debit card" has the same meaning as in section 63A.



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