Victorian Consolidated Legislation

Credit (Administration) Act 1984 - SECT 86AB

Application of Consumer Credit Fund

86AB. Application of Consumer Credit Fund

The Minister, on the recommendation of a majority of the members for the time
being of the Advisory Committee established under section 86AC, may determine
that amounts from the Consumer Credit Fund be applied, subject to such terms
and conditions as the Minister determines, for the benefit of persons to whom
credit, or services relating to the provision of credit, have been, are or may
be provided under credit contracts by grants to-

   (a)  non-profit making persons or organisations or the Director for the
        purpose of providing education services about credit;

   (b)  non-profit making persons or organisations or the Director for the
        purpose of providing education, advice or assistance to persons to
        whom credit has been, is or may be provided under credit contracts;

   (c)  non-profit making persons or organisations or the Director for the
        purpose of providing research about the use of credit.