National Consumer Credit Protection Act 2009

SCHEDULE 1 - NATIONAL CREDIT CODE  

Note:

See section 3 of the National Credit Act.

PART 4 - CHANGES TO OBLIGATIONS UNDER CREDIT CONTRACTS, MORTGAGES AND GUARANTEES  

Division 1 - Unilateral changes by credit provider  

67AA  

67AA   Increasing credit limits under low cost credit contracts  

A credit provider may increase the credit limit under a low cost credit contract only at the request of the debtor or with the written consent of the debtor.

Note:

For low cost credit contracts that are continuing credit contracts, subsection 67(4) has the same effect as this section.