Document ID: chunk:federal_register_of_legislation:F2018C00776:reg:6:p2
Version: federal_register_of_legislation:F2018C00776
Segment Type: reg
Provision Reference: reg 6 (pt 2/6)
Character Range: 3467–6439

influencing the amount of the annual percentage rate or rental charge (as the case may be) before the first to occur of:
                  (i) any contact between the debtor or lessee and the person or an associated person in relation to the credit contract or consumer lease;
                  (ii) any information in relation to the debtor or lessee being provided to the person or an associated person in relation to the credit contract or consumer lease.
                  Note:  For example, paragraph (d) would apply to a person who merely influenced the annual percentage rate proposed to apply under a class of potential future credit contracts before any contact with, or the provision of information in relation to, the debtor.";
           "exempt special purpose funding entity has the meaning given by regulation 3 of the National Consumer Credit Protection Regulations 2010.";
           "flexible credit cost arrangement in relation to a credit contract or consumer lease means a contract, arrangement or understanding (other than a servicing agreement or a management agreement) between a licensee or an exempt special purpose funding entity and another person (introducer):
              (a) for the introducer or an associated person to provide credit services in relation to the credit contract or consumer lease; and
              (b) under which the introducer or an associated person can determine, propose or influence:
(i) in the case of a credit contract—the annual percentage rate under the contract; or
(ii) in the case of a consumer lease—the rental charge for the lease.
              Note 1: See the definition of determines, proposes or influences for various circumstances that do not amount to determining, proposing or influencing the amount of the annual percentage rate or rental charge.
              Note 2: The definition of servicing agreement is notionally inserted into this subsection by subregulation 25G (1) and item 3.4 of Schedule 3 of the National Consumer Credit Protection Regulations 2010.";
           "home loan means a credit contract under which a licensee or an exempt special purpose funding entity provides credit wholly or predominantly:
(a) to purchase, renovate or improve residential property; or
(b) to refinance credit that has been provided wholly or predominantly to purchase, renovate or improve residential property.";
           "introducer in relation to a flexible credit cost arrangement entered into by a licensee or an exempt special purpose funding entity means the person who has entered into the arrangement with the licensee or funding entity.";
           "linked supplier:
(a) of a credit provider, means a supplier of goods or services in relation to whom the credit provider is a linked credit provider (within the meaning of subsection 127(1) of the National Credit Code); and
(b) of a lessor, means a supplier of goods in relation to whom the lessor is a linked lessor (within the meaning