Document ID: chunk:federal_register_of_legislation:C2024C00826:front:0:p2
Version: federal_register_of_legislation:C2024C00826
Segment Type: other
Provision Reference: 
Character Range: 2712–5742

multiple trustees
15A Meaning of associate
15B Meaning of mortgage broker
15C Meaning of mortgage intermediary
16 Qualified privilege
16A Meaning of control
16B Meaning of Registrar
Part 1‑3—Application of this Act and the Transitional Act
Division 1—Introduction
17 Guide to this Part
Division 2—Constitutional basis and application of this Act and the Transitional Act
18 Constitutional basis for this Act and the Transitional Act
19 Meaning of referring State
20 Meaning of referred credit matter
21 General application of this Act and the Transitional Act
22 When Acts bind Crown
Division 3—Interaction between the Commonwealth credit legislation and State and Territory laws
23 Concurrent operation intended
24 When Commonwealth credit legislation does not apply
25 Avoiding direct inconsistency between Commonwealth and State and Territory laws
26 Regulations to deal with interaction between laws
Chapter 2—Licensing of persons who engage in credit activities
Part 2‑1—Requirement to be licensed to engage in credit activities
Division 1—Introduction
27 Guide to this Part
Division 2—Engaging in credit activities without a licence
28 Application of this Division
29 Prohibition on engaging in credit activities without a licence
Division 3—Other prohibitions relating to the requirement to be licensed
30 Prohibitions on holding out and advertising etc.
31 Prohibition on conducting business with unlicensed persons
32 Prohibition on charging a fee etc.
Part 2‑2—Australian credit licences
Division 1—Introduction
34 Guide to this Part
Division 2—Australian credit licences
35 Australian credit licences
Division 3—How to get an Australian credit licence
36 Applying for a licence
37 When a licence may be granted—applicants other than ADIs
37A Fit and proper person test
37B Fit and proper person test—matters to which ASIC must have regard
38 When a licence may be granted—ADIs
39 Regulations may prescribe streamlined process for other applicants
40 Licences must not be granted to certain applicants
41 Applicant must be given hearing before refusal of licence
42 Notice of grant or refusal of licence and date of effect
43 Australian credit licence numbers
44 Basis on which licence is granted
Division 4—Conditions on an Australian credit licence
45 The conditions on the licence
46 Licence conditions—special procedures for APRA‑regulated bodies
46A ASIC may request information etc. in relation to an application for conditions to be varied
Division 5—Obligations of licensees
Subdivision A—General obligations
47 General conduct obligations of licensees
48 Requirements for compensation arrangements
Subdivision B—Providing information and assistance to ASIC
49 Obligation to provide a statement or obtain an audit report if directed by ASIC
50 Obligation to give ASIC information required by the regulations
50A What are reportable situations?
50B Obligation to lodge a report—reportable situations in relation to the licensee
50C Obligation to lodge a report—reportable situations in relation to other licensees