Queensland Consolidated Regulations Queensland Consolidated Regulations(1) Disclosures for the purposes of the Code relating to interest charges, repayments and fees and charges may, if any repayment is to be made or interest charge or fee or charge is to be paid or debited on a particular day, be made on the assumption that the repayment will be made or the interest charge or fee or charge paid or debited on that day even though it is not a business day and the contract provides that the repayment is to be made or the interest charge or fee or charge paid or debited on the next preceding or succeeding business day.
(2) Disclosures for the purposes of the Code relating to repayments and interest charges may also be made on the assumption that the amount of credit will be provided on the date--
(a) nominated for that purpose in the pre-contractual statement given under section 14 of the Code; or
(b) if no date is so nominated--on the relevant date of disclosure set out in the financial statement as referred to in section 13(8) of this regulation; or
(c) if no date is so set out--the date on which the statement is given to the debtor.
(3) Subsection (2) does not apply to--
(a) a continuing credit contract; or
(b) a credit contract under which credit is provided progressively and the dates on which the credit is to be provided are not ascertainable.