NCCP Act

E377725

The NCCP Act is an Australian law that regulates consumer credit and lending practices to protect borrowers and ensure responsible lending.

All labels observed (1)

Label Occurrences
NCCP Act canonical 2

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf Australian federal statute ⓘ
consumer credit law ⓘ
administeredBy Australian Securities and Investments Commission ⓘ
administeredByAbbreviation ASIC ⓘ
aimsTo improve transparency in consumer credit markets ⓘ
promote fair treatment of borrowers ⓘ
reduce irresponsible and predatory lending ⓘ
appliesTo banks providing consumer credit ⓘ
credit intermediaries ⓘ
non‑bank lenders ⓘ
commencedIn 2010 ⓘ
contains civil penalty provisions ⓘ
criminal offence provisions ⓘ
remedies for consumers ⓘ
responsible lending obligations ⓘ
country Australia ⓘ
covers consumer leases ⓘ
credit contracts for personal, domestic or household purposes ⓘ
mortgage lending to consumers ⓘ
small amount credit contracts ⓘ
enactedBy Parliament of Australia ⓘ
establishes Australian credit licence regime ⓘ
fullName National Consumer Credit Protection Act 2009 ⓘ
hasAbbreviation NCCP Act ⓘ
incorporates National Credit Code ⓘ
jurisdiction Australia ⓘ
language English ⓘ
legalCitation National Consumer Credit Protection Act 2009 (Cth) ⓘ
partOf Australian national consumer credit regime ⓘ
primaryPurpose promote responsible lending ⓘ
protect consumers who use credit ⓘ
regulate consumer credit and lending practices ⓘ
protects consumer borrowers ⓘ
regulates consumer credit activities ⓘ
credit assistance providers ⓘ
credit providers ⓘ
finance brokers ⓘ
mortgage brokers ⓘ
relatedTo National Credit Code ⓘ
requires assessment of unsuitability of credit contracts ⓘ
holding an Australian credit licence ⓘ
provision of pre‑contractual disclosure ⓘ
responsible lending conduct ⓘ
verification of consumer financial situation ⓘ
sector financial services regulation ⓘ
yearEnacted 2009 ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.