Credit Contracts and Consumer Finance Act 2003

18 Continuing disclosure

• (1) Every creditor under a consumer credit contract must ensure that disclosure of as much of the information set out in section 19 as is applicable to the contract is made periodically to every debtor under the contract in continuing disclosure statements.

  (2) The maximum period for a continuing disclosure statement is,—

  • (a) in the case of a revolving credit contract, 45 working days; or

  • (b) in any other case, 6 months.

  (3) This section is subject to section 21.

  Compare: Consumer Credit Code (Appendix to Consumer Credit (Queensland) Act 1994) s 31 (Qld)