Northern Territory Consolidated Acts

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CONSUMER CREDIT (NORTHERN TERRITORY) ACT 1995 - SECT 9

Special savings and transitional regulations for the Territory

9. Special savings and transitional regulations for the Territory

(1) The Administrator may make regulations of a savings or transitional nature consequent on the enactment of this Act or of an Act of Queensland amending the Consumer Credit Code set out in the Appendix to the Consumer Credit (Queensland) Act .

(2) If such a regulation so provides, it has effect despite any provision of this Act, including the Consumer Credit (Northern Territory) Code.

(3) A provision of a regulation made under this section may, if the regulation so provides, take effect from the day of assent to the Act concerned or from a later day.

(4) To the extent to which a provision takes effect from a day earlier than the day of the regulation's notification in the Gazette, the provision does not operate to the disadvantage of a person (other than the Territory or a Territory authority) by -

(a) decreasing the person's rights; or

(b) imposing liabilities on the person.



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