INFO 101
FAQs: Does the credit legislation apply?
This is Information Sheet 101 (INFO 101). It answers frequently asked questions about the application of the National Consumer Credit Protection Act 2009 (National Credit Act).
In plain English
INFO 101 explains questions about the National Consumer Credit Protection Act 2009.
INFO 101 addresses frequently asked questions about the National Credit Act. It helps determine if the legislation applies to your business. This guidance is for finance professionals and credit licensees. It clarifies which activities require a credit licence. ASIC published this information sheet.
Why it matters
Understand if your business needs a credit licence. This avoids potential compliance issues and ensures you operate within the law. Incorrectly offering credit without a licence can have serious consequences.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/for-finance-professionals/credit-licensees/do-you-need-a-credit-licence/faqs-does-the-credit-legislation-apply/. Rules Mate indexes + summarises; always verify against the regulator's live publication.