Queensland Consolidated Acts

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CREDIT ACT 1987 - SECT 58

58 Credit charge in respect of non-business days

(1) A credit provider does not fail to comply with the provisions of this division relating to the application of a period as a billing cycle or the inclusion of a credit charge in a statement of account merely because the credit provider includes in the credit charge in a statement of account for a billing cycle the amount that would be the credit charge in respect of a day that is, or 2 or more days each of which is, a Saturday, a Sunday or a public or bank holiday throughout the State or throughout a recognised State, immediately following the last day of the billing cycle if no other amounts were entered on that day or on those days in the account of the debtor kept by the credit provider.

(2) Subsection (1) does not apply where a credit provider includes the amount of a credit charge to which that subsection relates in a statement of account for a billing cycle and includes that amount in the statement of account for a succeeding billing cycle.



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