Development of CR code by CR code developers
(1) The Commissioner may, in writing, request a CR code developer to develop a CR code and apply to the Commissioner for the code to be registered. (2) The request must: (a) specify the period within which the request must be complied with; and (b) set out the effect of section 26L. (3) The period: (a) must run for at least 120 days from the date the request is made; and (b) may be extended by the Commissioner. (4) The request may: (a) specify one or more matters that the CR code must deal with; and (b) specify the credit providers, or a class of credit providers, that should be bound by the code; and (c) specify the other entities, or a class of other entities, subject to Part IIIA that should be bound by the code. (5) The Commissioner must make a copy of the request publicly available as soon as practicable after the request is made.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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