The Credit Contracts and Consumer Finance Act 2003 (CCCF Act) has been amended. From April 2021 (delayed until October 2021 due to COVID-19) all directors and senior managers of lenders providing consumer credit contracts or acting as mobile traders are to be certified ‘fit and proper’ unless exempt.
The Commerce Act 1986 (Act) currently exempts certain conduct in relation to intellectual property from being assessed as anti-competitive and in breach of the Act.
The Credit Contracts and Consumer Finance Act 2003 (CCCF Act) has been amended. From April 2021 (delayed until October 2021 due to COVID-19) all directors and senior managers of lenders providing consumer credit contracts or acting as mobile traders are to be certified ‘fit and proper’ unless exempt.