Corrs In Brief: The National Consumer Credit Protection Amendment (Home Loans and Credit Cards) Bill 2011
29th Mar 2011
The National Consumer Credit Protection Amendment (Home Loans and Credit Cards) Bill 2011 was introduced on 24 March 2011 into Federal Parliament by the Treasurer.
It imposes new disclosure requirements for home loans scheduled to commence on 1 September 2011 and new disclosure and conduct obligations for credit cards scheduled to commence on 1 July 2012.