Document ID: chunk:federal_register_of_legislation:F2025L00303:clause:1_28haa
Version: federal_register_of_legislation:F2025L00303
Segment Type: clause
Provision Reference: sch 1 cl 28HAA
Character Range: 3466–3958

28HAA  Scope of this Part
  This Part:
 (a) applies to a licensee if the licensee has made an election under subsection 133BXA(1) of the Act and has not revoked the election; and
 (b) applies to such a licensee in relation to a credit contract if the credit contract is a low cost credit contract covered by the election.
Note: Under subsection 133BXA(1) of the Act, a licensee may elect that Part 3‑2BA of the Act apply to the licensee in relation to some or all low cost credit contracts.