Online Credit Legislation Training – What do I need to do!?

This course provides an overview of what’s required of persons who currently engage in credit activities and plan to continue to do so after 1 July 2010.

Learning Outcomes

As a result of this course, participants will be able to:

• explain the purpose of the national consumer credit reform legislation;
• provide an overview of the key changes to consumer credit regulation brought about by the reforms;
• outline the key definitions in the legislation such as “credit provider”, “credit representative” and “credit assistance provider”;
• outline other key definitions such as “credit”, “credit service”, “credit assistance” and “intermediary”;
• describe the timing for implementation of the legislation;
• list the steps required to register with ASIC;
• describe when and what’s required to apply for an Australian Credit Licence;
• explain the law that is proposed to apply to carried over instruments; and
• list the ongoing obligations of Australian Credit Licensees.

Please contact us to find out when the next session is!

 

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