Western Australian Consolidated Acts

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CONSUMER CREDIT (WESTERN AUSTRALIA) ACT 1996 - SECT 11

11 .         Specific savings and transitional regulations for Western Australia

        (1)         The regulations may make provision of a savings or transitional nature consequent on —

            (a)         the enactment or amendment of this Act;

            (b)         the enactment of an Act of Queensland amending the Consumer Credit Code set out in the Appendix to the Consumer Credit (Queensland) Act 1994 .

        (2)         If the regulation so provides, it has effect despite any provision of this Act or the Consumer Credit (Western Australia) Code .

        (3)         Without limiting subsection (1), a regulation may be made under this section for or with respect to the following — 

            (a)         permitting for a limited period or periods provisions requiring the payment or debiting of interest charges in advance under credit contracts or classes of credit contracts;

            (b)         permitting, subject to conditions, pre-determined credit charges for a limited period or periods.

        (4)         A regulation made under this section may, if the regulation so provides, take effect from the day of commencement of the Act concerned or from a later day.

        (5)         To the extent to which a provision takes effect from a day earlier than the day of the regulation’s publication in the Gazette , the provision does not operate to the disadvantage of a person (other than the State or a State authority) by — 

            (a)         decreasing the person’s rights; or

            (b)         imposing liabilities on the person.

        [Section 11 amended by No. 43 of 2003 s. 11.]



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