Membership under credit legislation
Member News Issue 29 - May 2010 - Membership under credit legislation
As you may know, the National Consumer Credit Protection Act requires individuals and businesses who wish to engage in consumer credit activities after 30 June 2010 to register with ASIC between 1 April 2010 and 30 June 2010. This applies to anyone wishing to apply for an Australian Credit Licence (ACL) (e.g. a lender, broker or other intermediary).