Queensland Consolidated Acts

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CREDIT ACT 1987 - SECT 52

52 Payment of supplier by credit provider on behalf of debtor

Where, under a continuing credit contract, the credit provider satisfies the amount payable by the debtor to a supplier in respect of the supply of goods or services or cash, the credit provider shall, for the purposes of this division, be deemed to have paid to the supplier the amount (whether or not it is the same as the first mentioned amount) that would have been payable by the debtor to satisfy the amount so payable.



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