Document ID: chunk:federal_register_of_legislation:F2024C00882:reg:69d
Version: federal_register_of_legislation:F2024C00882
Segment Type: reg
Provision Reference: reg 69D
Character Range: 313213–313820

69D  Exemption—requirement to give notice of direct debit default
 (1) Subsection 179C(2) of the Code does not apply to a lessor if the default mentioned in subsection 179C(1) is rectified before the lessor is required to give the direct debit default notice under subsection 179C(2).
 (2) Disregard a default in relation to which, in reliance on subregulation (1), no direct debit default notice is given.
Note: Section 203B of the Code provides, among other things, that the regulations may exempt a person or a class of persons from all or specified provisions of the Code.

Part 7‑2—Credit contracts