The Regulation of Point of Sale Vendor Introducers

Persons who assist consumers to apply for credit for the purchase of goods at the point of sale are currently exempted from the National Consumer Credit Protection Act 2009. The Government is conducting a review of the regulatory oversight of the point of sale credit sector to determine the appropriate level of regulation which should be applied to this sector.

A discussion paper has been released that explores the issues regarding this exemption and outlines a number of options for reform.

Making a Submission

Interested parties are invited to comment on the discussion paper.

While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.

Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

Closing date for submissions: Monday, 25 March 2013

Address written submissions to:

Manager
Disclosure and International Unit
Retail Investor Division
The Treasury
Langton Crescent
PARKES ACT 2600

Email: poscredit@treasury.gov.au

For enquiries please call Christian Mikula (02) 6263 2046 .

Key Documents

Discussion Paper 1MB 1MB

Make a Submission

Submit Online

Alternatively submit via post 60KB