Document ID: chunk:federal_register_of_legislation:C2025C00189:section:131a
Version: federal_register_of_legislation:C2025C00189
Segment Type: section
Provision Reference: s 131A
Character Range: 1597840–1599260

131A  Division does not apply to financial services
 (1) Despite section 131, this Division does not apply, other than in relation to the following provisions of Schedule 2 as they apply as a law of the Commonwealth, to the supply, or possible supply, of services that are financial services, or of financial products:
 (a) Division 3A of Part 3‑2;
 (b) Division 3A of Part 4‑2;
 (c) Part 5‑5.
 (2) Without limiting subsection (1):
 (a) Part 2‑1 of Schedule 2 and sections 34 and 156 of Schedule 2 do not apply to conduct engaged in in relation to financial services; and
 (b) Part 2‑3 of Schedule 2 does not apply to, or in relation to:
 (i) contracts that are financial products; or
 (ii) contracts for the supply, or possible supply, of services that are financial services; and
 (c) if a financial product consists of or includes an interest in land—the following provisions of Schedule 2 do not apply to that interest:
 (i) section 30;
 (ii) paragraphs 32(1)(c) and (d) and (2)(c) and (d);
 (iii) paragraphs 50(1)(c) and (d);
 (iv) section 152;
 (v) subparagraphs 154(1)(b)(iii) and (iv) and (2)(b)(iii) and (iv);
 (vi) subparagraphs 168(1)(b)(iii) and (iv); and
 (d) sections 39 and 161 of Schedule 2 do not apply to:
 (i) a credit card that is part of, or that provides access to, a credit facility that is a financial product; or
 (ii) a debit card that allows access to an account that is a financial product.