Consumer Credit Act 2025 · Updated to 31 Dec 2025 · Part V · Licensing and Registration
53. Fees payable by licensed credit provider
Feedback & supportA licensed credit provider shall pay fees as may be prescribed by the Minister or the Minister of Housing and Local
credit provider
“credit provider” means a person who carries on a credit business where the person— (a) is licensed under Part V of this Act; (b) is permitted to do so under any other written law; (c) is subject to the Hire-Purchase Act 1967; or (d) is subject to the Consumer Protection Act 1999;
Government, as the case may be.
Where a licensed credit provider regulated by the Commission fails to pay the prescribed fee under subsection (1) by the date on which such fee is due to the Commission, for every month that the payment is late, such licensed credit provider shall pay a late payment fee of an amount as prescribed by the Minister and such fees shall be recoverable by the Commission as a civil debt due to the Commission.
Commission
“Commission” means the Consumer Credit Commission established under section 6;
The prescribed fees paid to, or recovered by the Commission under this section shall be paid into and form part of the Fund established under section 26.
The prescribed fees paid to the Registrar under this section shall be paid into and form part of the Federal Consolidated Fund.
Registrar
“Registrar” means the registrar of Islamic credit providers appointed under paragraph 35(2)(a);