Agreement to increase the amount of credit under a credit contract
This precedent is a notice to change the amount of credit under a credit contract that must be provided under regulation 83 of the National Consumer Credit Protection Regulations 2010 (Cth) (NCCPR). It is important for a drafter of this type of notice to acquaint themselves with regulation 83 of the NCCPR and section 71(3) of the National Credit Code (NCC).
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Document length: 4 pages
Related products (all with guidance notes)
o Periodic statement of account
o Statement of payout figure
o Statement of conditions of postponement
o Continuing credit contract - offer by debtor to credit provider
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