Consultation period: 5 February to 12 February 2025
We invite feedback on The National Consumer Credit Protection Amendment (Low Cost Credit) Regulations 2025 (the draft Regulations).
They support the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Act 2024 which recently passed parliament.
These measures aim to regulate BNPL in a way that is flexible, adaptable and proportionate to the risk of consumer harm.
Submissions closed on 12 February 2025.
Key documents
- Exposure draft [PDF 312KB | DOCX 168KB]
- Explanatory statement [PDF 141KB | DOCX 102KB]
