Victorian Consolidated Legislation

Credit Act 1984 - SECT 33

Copy of accepted offer to be given

33. Copy of accepted offer to be given



(1) Where a person has signed an offer in writing to a credit provider to
enter a credit sale contract or a loan contract, the credit provider shall,
not later than fourteen days after accepting the offer, give to the debtor
notice in writing of the acceptance endorsed on, or accompanied by, a copy of
the offer.

Penalty: 20 penalty units.

(2) Subsection (1) does not apply in relation to-

   (a)  an offer to enter into a credit sale contract relating to goods that,
        in accordance with the offer, is accepted by delivery of the goods; or

   (b)  an offer to enter into a credit sale contract relating to services
        that in accordance with the offer, is accepted by commencement of
        performance of the services.

(3) In this section, offer in writing includes a document that, if signed by
or on behalf of the credit provider and the debtor, would be a credit sale
contract or a loan contract.