Impacts of NCCP Act 2009 on the Australian finance industry.

Explain the impact of the new National Consumer Credit Protection Act 2009 on the finance industry in Australia. The objective of the act is to protect consumers by implementing “Responsible lending” and “General Conduct” guidelines. In your report state “What are the changes or protections from the previous code along with the course impact on all credit service providers especially brokers.” Your answer should include;
1. ACL

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