Document ID: chunk:federal_register_of_legislation:C2011A00084:clause:1_133ba
Version: federal_register_of_legislation:C2011A00084
Segment Type: clause
Provision Reference: sch 1 cl 133BA
Character Range: 13293–14886

133BA  Meaning of credit card contract etc.

Meaning of credit card contract
 (1) A credit card contract is a continuing credit contract under which credit is ordinarily obtained only by the use of a credit card.

Meaning of credit card
 (2) A credit card is:
 (a) a card of a kind commonly known as a credit card; or
 (b) a card of a kind that persons carrying on business commonly issue to their customers, or prospective customers, for use in obtaining goods or services from those persons on credit; or
 (c) anything else that may be used as a card referred to in paragraph (a) or (b).

Meaning of linked to a credit card contract
 (3) A credit card is linked to a credit card contract if:
 (a) the credit card is issued under or in relation to the contract; and
 (b) the credit card can be used to obtain credit under the contract as referred to in subsection (1).

Meaning of use of a credit card
 (4) A reference to the use of a credit card to obtain cash, goods or services includes a reference to the use or provision of the number of the credit card to obtain cash, goods or services.

Articles that can be used as credit cards and in other ways
 (5) If a credit card can also be used in other ways (for example, as a debit card, or to access other accounts):
 (a) the article is a credit card (despite the fact that it can also be used in those other ways); but
 (b) the provisions of this Act that are expressed to apply in relation to credit cards do not apply to the article in so far as it can be used in those other ways.

Division 3—Key Facts Sheets for credit card contract