CP 355 Product intervention orders: Short term credit and continuing credit contracts

Released 9 December 2021. Comments closed 21 January 2022.

This consultation paper sets out ASIC’s proposal to make, under Pt 7.9A of the Corporations Act 2001 (Corporations Act):

a product intervention order in substantially the same terms as ASIC Corporations (Product Intervention Order—Short Term Credit) Instrument 2019/917 (short term credit product intervention order); and
a product intervention order as set out in Consultation Paper 330 Using the product intervention power: Continuing credit contracts (CP 330) and the Addendum to CP 330 (continuing credit contracts product intervention order).

We are seeking the views of interested stakeholders, including industry and consumers, on our proposal.

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(non-confidential submissions)