Victorian Consolidated Legislation

Credit Act 1984 - SECT 57

Non-business days

57. Non-business days



(1) A credit provider does not fail to comply with the provisions of this
Division relating to the application of a period as a billing cycle or the
inclusion of a credit charge in a statement of account by reason only that he
includes in the credit charge in a statement of account for a billing cycle
the amount that would be the credit charge in respect of a day that is, or two
or more days each of which is, a Saturday, a Sunday or a public or bank
holiday throughout the State or throughout a recognized State immediately
following the last day of the billing cycle if no other amounts were entered
on that day or on those days in the account of the debtor kept by the credit
provider.

(2) Subsection (1) does not apply where a credit provider includes the amount
of a credit charge to which that subsection relates in a statement of account
for a billing cycle and includes that amount in the statement of account for a
succeeding billing cycle.