Document ID: chunk:federal_register_of_legislation:C2020A00135:clause:4_2
Version: federal_register_of_legislation:C2020A00135
Segment Type: clause
Provision Reference: sch 4 cl 2
Character Range: 64579–66098

2  Subsection 12BA(1)
Insert:
add‑on risk product has the meaning given by subsection 12DMC(2).
Australian Consumer Law means Schedule 2 to the Competition and Consumer Act 2010 as applied under Subdivision A of Division 2 of Part XI of that Act.
commission includes:
 (a) any financial or other benefit in the nature of a commission; and
 (b) in relation to an add‑on risk product provided to a person in connection with the person providing a warranty to another person—the amount (if any) by which the consideration for the warranty exceeds so much of the consideration for the add‑on risk product as relates to the warranty.
It may take any form of monetary consideration, or any form of non‑monetary consideration to which a monetary value can be assigned.
long‑term lease, of a motor vehicle, means a contract for the hire of the motor vehicle for a fixed period of more than 4 months, or for an indefinite period.
money has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999.
motor vehicle means:
 (a) any motor‑powered vehicle of a kind intended for use as land transport (other than rail transport), whether or not it is for use on a road; or
 (b) any other vehicle of a kind intended to be towed by such a motor‑powered vehicle;
but does not include a vehicle (other than a vehicle for use on a road) that is of a kind intended primarily for use by persons with restricted mobility.
National Credit Code has the same meaning as in the National Consumer Credit Protection Act 2009.