Reports 5 – Registration opens for licensees under the new national consumer credit regime

From today, lenders, brokers and intermediaries dealing in consumer credit can register for an Australian Credit Licence, a key new requirement under the new National Consumer Credit Protection Act (National Credit Act).

Registration is the first step in complying with the new licensing obligations under the National Credit Act. The legislation establishes a national licensing regime to require providers of consumer credit and brokers and intermediaries to obtain a licence from ASIC.

Please click here for further information.

 

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