New South Wales Consolidated Acts

CREDIT ACT 1984 - SECT 33

33 Copy of accepted offer to be given

(1) Where a person has signed an offer in writing to a credit provider to enter into a credit sale contract or a loan contract, the credit provider shall, not later than 14 days after accepting the offer, give to the debtor notice in writing of the acceptance endorsed on, or accompanied by, a copy of the offer.

Penalty: 20 penalty units.

(2) Subsection (1) does not apply in relation to:

(a) an offer to enter into a credit sale contract relating to goods that, in accordance with the offer, is accepted by delivery of the goods, or

(b) an offer to enter into a credit sale contract relating to services that, in accordance with the offer, is accepted by commencement of performance of the services.

(3) In this section, "offer in writing" includes a document that, if signed by or on behalf of the credit provider and the debtor, would be a credit sale contract or a loan contract.