Australian Securities and Investments Commission

National Consumer Credit Protection Act 2009 — Paragraph 11(1)(a) — Approval

Enabling legislation

1.  The Australian Securities and Investments Commission (ASIC) makes this instrument for the purposes of paragraph 11(1)(a) of the National Consumer Credit Protection Act 2009.

Title

2.  This instrument is ASIC Class Order [CO 10/249].

Commencement

3.  This instrument commences on the later of:

(a) the date it is registered under the Legislative Instruments Act 2003; and

(b)  1 April 2010.

Note:  An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (FRLI) in electronic form: see Legislative Instruments Act 2003, s 4 (definition of register). The FRLI may be accessed at http://www.frli.gov.au/.

Approval

4.            ASIC approves the external dispute resolution schemes operated by, and which cover the members of, the following:

(a) Financial Ombudsman Service Limited ACN 131 124 448;

(b) Credit Ombudsman Service Limited ACN 104 961 882. 

Dated this 1st day of April 2010

Signed by Stephen Yen PSM

as a delegate of the Australian Securities and Investments Commission