Document ID: chunk:federal_register_of_legislation:F2021L00369:reg:8
Version: federal_register_of_legislation:F2021L00369
Segment Type: reg
Provision Reference: reg 8
Character Range: 6104–7163

8  Additional functions of the National Consumer Credit Protection Act Registrar
 (1) For the purposes of paragraph 212B(b) of the National Consumer Credit Protection Act 2009, all of the following functions of the Registrar (within the meaning of that Act) are prescribed:
 (a) to assist ASIC in the performance of each function conferred on it by the Commonwealth credit legislation (within the meaning of the National Consumer Credit Protection Act 2009) and that will instead be conferred on the Registrar following the commencement of one or more items in Part 2 of Schedule 1 to the Registries Modernisation Act;
 (b) to prepare for, and implement all systems necessary for, the conferral on the Registrar of functions, by the Commonwealth credit legislation, following the commencement of one or more items in Part 2 of Schedule 1 to the Registries Modernisation Act.
 (2) Subsection (1) no longer applies in relation to a particular function once the Commonwealth credit legislation (other than this instrument) confers that function on the Registrar.