Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 (138 of 2024)
Schedule 2 Buy now, pay later
Part 4 Precontractual disclosure
National Consumer Credit Protection Act 2009
29 Application provision
(1) Subject to subitem (2), the amendments of section 16 of the National Credit Code made by this Part apply in relation to entering into a credit contract on or after the commencement of this Part.
(2) The amendments do not apply in relation to entering into a credit contract on or after the commencement of this Part if the precontractual statement, and information statement, relating to the contract were given:
(a) before the commencement of this Part; and
(b) in accordance with section 16 of the National Credit Code (as in force at the time the statements were given).
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