tailieunhanh - Lecture Fundamentals of business law (7/e): Chapter 14 - M.L Barron

Chapter 14 - Consumer credit law. At the end of this chapter you should understand: the background to the development of the National Credit Code, the types of credit contract regulated by the National Credit Code, the types of credit excluded from the operation of the National Credit Code,. | This is the prescribed textbook for your course. Available NOW at your campus bookstore! Consumer credit law Chapter 14 Learning objectives At the end of this chapter you should understand: the background to the development of the National Credit Code the types of credit contract regulated by the National Credit Code the types of credit excluded from the operation of the National Credit Code the key requirements that must be disclosed under a consumer credit contract how consumer credit contracts may be altered the rights of the credit provider against a defaulting debtor, mortgagor or guarantor the civil and criminal remedies available for breaches of the National Credit Code. Introduction Credit allows consumers to acquire goods and services, and pay for them at a later time. Credit providers are numerous. In July 2008 states and territories agreed to transfer power to regulate credit to the federal government. National Consumer Credit Protection Act 2009 (Cwlth) passed Schedule 1 of which is the National Credit Code. What is the National Credit Code? (NCC) Applicable to credit contracts entered into from 1 July 2010 Replaced the uniform Consumer Credit Code which had been in place since 1996 A single national credit framework for consumers ASIC is the sole regulator of the NCCC with enhanced enforcement powers. All providers of consumer credit services to be members of an external dispute resolution body. What is the National Credit Code? (NCC) (cont.) Provides three essential obligations be met by credit providers: Credit providers be licensed Credit providers provide credit responsibly Credit providers properly disclose a range of pertinent matters including rates and fees to consumers. Definitions Creditor: person providing credit Debtor: person receiving credit Credit provider: any person who provides credit, where a charge is made for the provision of the credit Linked credit provider: credit provider who has an arrangement with a supplier of goods and . | This is the prescribed textbook for your course. Available NOW at your campus bookstore! Consumer credit law Chapter 14 Learning objectives At the end of this chapter you should understand: the background to the development of the National Credit Code the types of credit contract regulated by the National Credit Code the types of credit excluded from the operation of the National Credit Code the key requirements that must be disclosed under a consumer credit contract how consumer credit contracts may be altered the rights of the credit provider against a defaulting debtor, mortgagor or guarantor the civil and criminal remedies available for breaches of the National Credit Code. Introduction Credit allows consumers to acquire goods and services, and pay for them at a later time. Credit providers are numerous. In July 2008 states and territories agreed to transfer power to regulate credit to the federal government. National Consumer Credit Protection Act 2009 (Cwlth) passed Schedule 1

• Luật học
• Business law
• Fundamentals of business law
• Lecture Fundamentals of business law
• Contract law
• Consumer law
• Consumer credit law
• Dynamic business law
• Lecture Dynamic business law
• Legal environment of business
• Criminal law
• Business crime
• Classification of law
• Law of torts
• Luật Kinh doanh
• The law of torts
• Law of marketing
• Administrative law
• Administrative agency
• Constitutional law
• Constitutional principles
• Tort law
• Classification of torts
• Business organizations
• Antitrust law
• Antitrust law rationale
• Business organisations
• Joint venture law
• Advertising Law
• E commerce law
• Marketing law
• Property law
• Insurance law
• Competition law
• Intellectual property law
• Bankruptcy law
• Employment law
• Workplace relations law
• Work health law