Queensland Consolidated Acts

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CREDIT ACT 1987 - SECT 51

51 Billing cycle

(1) For the purposes of this Act, a reference to a billing cycle in relation to a continuing credit contract is a reference to the period applied in accordance with the contract as the billing cycle in relation to the contract.

(2) A credit provider under a continuing credit contract shall not apply as a billing cycle for the purposes of section 62 or schedule 7 a period exceeding 40 days.



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