- ChrisBedfordParticipant@chrisbedfordJoin Date: 2002Post Count: 23
If I am intending to wrap a property to a new buyer, I understand that although I am not technically providing credit, it is a good idea (in VIC) to register as a credit provider.
Does anyone know of a channel through which to do this?
Does anyone have any further comment on this subject?
ThanksFWMember@fwJoin Date: 2002Post Count: 478
Go to http://www.legalonline.vic.gov.au
Click on Money Matters on the left
then choose Credit
then Credit – Consumer and Business Affairs Victoria
on the next page it explains about credit, you can download a pdf form at the bottom which you use to apply to be recognised as a credit provider (doesn’t cost you anything)
and under legislation you can also click on Consumer Credit (Victoria) Act 1995 which opens up the act and you can print it out.
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