Queensland Consolidated Regulations Queensland Consolidated Regulations(1) The provisions of section 11(2) to (4) of the Code apply to a declaration relating to a pre-Code continuing credit contract.
(2) For that purpose--
(a) the declaration is to be made in respect of the application of credit that is to be provided after the declaration is made; and
(b) appropriate changes may be made to the form of declaration prescribed under section 11(4) of the Code.
(3) A declaration relating to a pre-Code continuing credit contract may, despite anything to the contrary in those provisions, be made after the contract was entered into and either before or after the commencement of the Code. However, if the declaration is made after the Code commences to apply to the credit contract, the declaration does not apply to or in respect of credit provided before the declaration is made.