The Consumer Credit Law Centre SA (CCLCSA) strongly opposes the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 (the Bill).

The CCLCSA urges the Senate Economics Legislation Committee (the Committee) to recommend that the Senate reject the Bill in its entirety, particularly in relation to the proposed repeal of responsible lending obligations (RLOs).

The CCLCSA further does not support the proposed amendments relating to small amount credit contracts (SACCs) and consumer leases.