New South Wales Consolidated Acts New South Wales Consolidated ActsA supplier who becomes aware that a contract of sale by the supplier is rescinded or discharged, being a contract of sale in respect of which the supplier knows a linked credit provider of the supplier has:
(a) entered into a tied loan contract with the buyer, or
(b) entered an amount in an account of the buyer kept by the credit provider under a tied continuing credit contract in relation to the contract of sale,shall forthwith give notice of the rescission or discharge to the linked credit provider.
Penalty: 10 penalty units.