Document ID: chunk:federal_register_of_legislation:F2025L00303:clause:1_17
Version: federal_register_of_legislation:F2025L00303
Segment Type: clause
Provision Reference: sch 1 cl 17
Character Range: 13524–14175

17  At the end of regulation 85
Add:
 (2) For subsection 87(3) of the Code, the information that a first default in payment notice given in the circumstances mentioned in subsection 87(1A) of the Code must contain is set out in the following paragraphs:
 (a) that there has been a default in payment of an amount under the low cost credit contract;
 (b) how to arrange for payment of the amount;
 (c) the credit provider's internal dispute resolution procedures and financial hardship processes;
 (d) the external dispute resolution procedures available with AFCA.

Part 2—Application provisions

National Consumer Credit Protection Regulations 2010