INFO 194
Protecting yourself when you supply goods and services on credit
This is Information Sheet 194 (INFO 194). Who is a creditor?.
In plain English
INFO 194 explains who is considered a creditor under Australian law when providing goods or services on credit.
INFO 194, from ASIC, defines who is a creditor. It applies to businesses providing goods or services on credit terms. The guidance clarifies the scope of the National Consumer Credit Protection Act. It does not specify a commencement or revision date.
Why it matters
Understanding creditor status is important. It impacts your legal obligations when offering credit terms to customers. This guidance helps businesses determine if they need to comply with consumer credit laws.
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/about-asic/contact-us/reporting-misconduct-to-asic/protecting-yourself-when-you-supply-goods-and-services-on-credit/. Rules Mate indexes + summarises; always verify against the regulator's live publication.