- Originating house
- House of Representatives
- Parliament no
- Amends the
National Consumer Credit Protection Act 2009 to: enable certain debtors to seek a credit contract variation; provide for a remedy for unfair or dishonest conduct by credit service providers; restrict the use of particular phrases or words; expand the range of remedies available to consumers; provide the Australian Securities and Investments Commission with standing to apply to court for an order regardless of whether a civil remedy is available under another provision; and make amendments in relation to: reverse mortgage contracts; short-term and small amount credit contracts; tiered caps on costs for credit contracts; and consumer leases. Also amends the:
National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009 to make application provisions; and
Competition and Consumer Act 2010 to make technical amendments.
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