Victorian Consolidated Legislation

Consumer Credit (Victoria) Act 1995 - SECT 12

Section 11 not to apply in certain cases

12. Section 11 not to apply in certain cases



(1) Section 11 does not apply to-

   (a)  the Crown or a public or local body or authority constituted by or
        under an Act;

   (b)  an authorised deposit-taking institution within the meaning of the
        Banking Act 1959 of the Commonwealth; or



   (c)  a body corporate registered under the Life Insurance Act 1995 of the
        Commonwealth;





   (d)  a body corporate authorised under the Insurance Act 1973 of the
        Commonwealth to carry on insurance business;

   (e)  unless Part VII of the Insurance Act 1973 of the Commonwealth has
        ceased to have effect-a Lloyd's underwriter, being an underwriter of
        the society known as Lloyd's incorporated by the Imperial Act known as
        Lloyd's Act 1971;



* * * * * 



   (g)  a body corporate incorporated or empowered by an Act or an Act of the
        Parliament of the Commonwealth to lend money or provide credit, in
        respect of the lending of money or provision of credit in accordance
        with that Act or Act of the Parliament of the Commonwealth;

   (h)  a person, not being a body corporate, authorised by an Act or an Act
        of the Parliament of the Commonwealth to lend money or provide credit,
        in respect of the lending of money or provision of credit in
        accordance with that Act or Act of the Parliament of the Commonwealth;

        (i)    a council within the meaning of the Local Government Act 1989;

   (j)  a pastoral finance company.

(2) A reference in section 11 to providing credit does not include a reference
to providing credit otherwise than under credit contracts.