The Consumer Credit Amendment Regulation (No.1) 2006 was gazetted on 4 August 2006 and will commence on the proclamation of the e-commerce Code amendments.

The objective of this regulation, as set out in the Explanatory Notes accompanying it, is to amend the Consumer Credit Regulation 1995 to facilitate the application of electronic transactions legislation.

The regulation:
• amends a number of sections to clarify how they apply if there is an electronic communication;
• inserts print or type requirements for electronic communications; and,
• lists the transactions, documents or information that must not be made, given or provided by electronic communication.

These amendments to the Consumer Credit Regulation 1995 complement the electronic transactions amendments to the Consumer Credit Code made by the Consumer Credit and Trade Measurement Amendment Act 2006.Section 2 provides that the commencement date for this amending regulation will be the day that s8 of the Consumer Credit and Trade Measurement Amendment Act 2006 commences.