Queensland Consolidated Acts Queensland Consolidated Acts(1) A credit provider shall not give to a debtor a statement of account relating to a billing cycle of a continuing credit contract that includes in the chargeable amount an amount owed by the debtor under the contract immediately before the first day of the billing cycle unless--
(a) the credit provider has given to the debtor a statement of account in respect of the billing cycle immediately preceding the first mentioned billing cycle; and
(b) the credit provider gave that statement to the debtor not later than--
(i) where the first mentioned billing cycle is 14 days or more--8 days before the end of that billing cycle; or
(ii) where the first mentioned billing cycle is less than 14 days--4 days before the end of that billing cycle.
(2) Where a credit provider gives to debtors statements of account that are posted by bulk postage and proceedings are brought against the credit provider for an offence under subsection (1) in respect of a continuing credit contract, proceedings for a like offence under subsection (1) may not be instituted against the credit provider in respect of another continuing credit contract in respect of which a statement of account was posted by the same bulk postage.