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Current Bills
Bill
Consumer Credit (Western Australia) Amendment Bill 2001
Bill No.
52
Long Title
The purpose of this Bill is to amend the Consumer Credit (Western Australia) Act 1996 and the Consumer Credit (Western Australia) Code to extend coverage to payday lending and to set a maximum total cost of credit for loans of less than 62 days. This Bill will close a loophole in the Consumer Credit Code that allows payday lenders to avoid regulation and ensure that the same consumer credit laws continue to apply in Western Australia as apply in all other Australian States and Territories.
Status
Assented to 12/21/2001
Royal Assent given 21 Dec 2001 as Act No. 30 of 2001. Different sections of this Act come into operation on Royal Assent and Proclamation. For details refer to Commencement Clause of the Bill (see also
Assent and Commencement information for Acts
)
Current Bill
Download the Bill as Introduced
Download the Bill as Introduced
Links
EM-Bill52-1
Bill52-1
Previous Versions of this Bill
Progress
Legislative Assembly
Date
Note No.
Related Documents
Introduced
15 Nov 2001
First Reading
15 Nov 2001
Second Reading
15 Nov 2001
Second Reading Speech
Second Reading Agreed
13 Dec 2001
Third Reading
13 Dec 2001
Legislative Council
Date
Note No.
Related Documents
Introduced
20 Sep 2001
First Reading
20 Sep 2001
Second Reading
20 Sep 2001
1
Second Reading Speech
Second Reading Agreed
14 Nov 2001
Third Reading
14 Nov 2001
Notes
1. Explanatory memorandum provided.