Consumer Credit Act 2025 · Updated to 31 Dec 2025 · Part X · General Provisions
134. Things done in anticipation of the enactment of this Act, etc.
Feedback & supportAll things done by any person in the preparation of and towards the proper implementation or administration of this Act, and any expenditure incurred in relation thereto, in anticipation of the enactment of this Act shall be deemed to have been authorized by, and under this Act including under this section.
person
“person” includes an individual, any sole proprietorship, corporation, statutory body, local authority, society, trade union, co-operative society, partnership and any other body, organization, association or group of persons, whether corporate or unincorporate;
All rights acquired or obligations incurred from anything so done under this section shall upon the date appointed under subsection 1(2) be deemed to be the rights and obligations of the Commission or a Regulatory and Supervisory Authority, as the case may be under this Act.
Commission
“Commission” means the Consumer Credit Commission established under section 6;