RG 160
Time-sharing schemes
Issued 11 December 2020. This guide is for responsible entities, operators and promoters of time-sharing schemes, and those who provide credit (credit providers) and credit assistance (credit assistance providers) for the purchase of an interest in a time-sharing scheme.
In plain English
This guide explains rules for time-sharing scheme operators, responsible entities, and those providing credit for them.
RG 160 applies to responsible entities, operators, promoters, credit providers, and credit assistance providers involved in time-sharing schemes. It outlines obligations relating to disclosure, responsible lending, and consumer protection. The guide was issued on 11 December 2020.
Why it matters
If your business operates a time-sharing scheme or provides related credit, understand this guide. It helps ensure you meet your legal obligations and protect consumers.
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Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-160-time-sharing-schemes/. Rules Mate indexes + summarises; always verify against the regulator's live publication.