Document ID: chunk:federal_register_of_legislation:F2024C00975:reg:17
Version: federal_register_of_legislation:F2024C00975
Segment Type: reg
Provision Reference: reg 17
Character Range: 24244–25336

17  Condition—other obligations
  The condition in this section is met for an eligible credit activity if the provider complies with:
 (a) Chapter 3 of the Act (other than paragraphs 113(2)(d), 126(2)(d) and 127(2)(d), section 124A and Part 3‑2C), as if the provider were a licensee for the purposes of that Chapter; and
 (b) section 124A and Part 3‑2C of the Act, to the extent that those provisions relate to short‑term credit contracts, as if the provider were a licensee for the purposes of those provisions; and
 (c) Division 4A of Part 2, and Division 3 of Part 4, of the National Credit Code, as if the provider were a credit provider; and
 (d) Subdivision BA of Division 2 of Part 2 of the ASIC Act, as if the relevant contract (see paragraph (b) of the definition of eligible credit activity in section 5 of this instrument) for the credit activity were a consumer contract (within the meaning of subsection 12BF(3) of that Act);
in relation to engaging in the credit activity during the testing period for the eligible class of credit activities that includes the credit activity.