CP 135 Mortgage early exit fees: Unconscionable fees and unfair contract terms

Released 27 June 2010. Comments closed 9 August 2010.

This consultation paper sets out our proposals for guidance on factors we will consider in deciding whether to take action under s78 of the National Credit Code on unconscionable fees or the unfair contract terms provisions in Subdiv BA of Div 2 of Pt 2 of the ASIC Act in relation to a mortgage early exit fee.

Download CP 135 (PDF 266 KB)

Australian Finance Conference
Care Inc and Consumer Law Centre of the ACT
Challenger FSG
Consumer Action Law Centre
Consumer Credit Legal Centre NSW
HWL Ebsworth
Liberty Financial
Last updated: 27/06/2010 12:00