Victorian Consolidated Legislation

Consumer Credit (Victoria) Act 1995 - SECT 45

Registered credit providers deemed to be registered under this Act

45. Registered credit providers deemed to be registered under this Act



(1) A credit provider who was a registered credit provider within the meaning
of the Credit (Administration) Act 1984 immediately before the commencement of
this section is deemed to be registered as a credit provider under Part 4 of
this Act.

(2) The Registrar must make an entry in the Register of Credit Providers of
the particulars of each credit provider to whom subsection (1) applies
including particulars of any suspension in force and any specified condition
or requirement imposed by the Authority and applying to the credit provider
immediately before the commencement of this section.

(3) For the purposes of sections 23 and 24, the anniversary in relation to a
person who is deemed to have been registered as a credit provider under this
Act is the same anniversary as applied in relation to that person for the
purposes of sections 49 and 50 of the Credit (Administration) Act 1984
immediately before the commencement of this section.