Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 (138 of 2024)

Schedule 2   Buy now, pay later

Part 7   Interest rates and comparison rates

National Consumer Credit Protection Act 2009

48   Application provision - comparison rates

(1) The amendments of sections 157, 158 and 159 of the National Credit Code made by this Part apply in relation to a credit advertisement that is published on or after the commencement of this Part.

(2) For the purposes of subitem (1), a credit advertisement that:

(a) began to be published before the commencement of this Part; and

(b) remains published on, or for a period after, that commencement;

is taken to be published on or after that commencement.