6. Establishment of Commission

Terms defined in s 4

• body corporate

  body corporate

  Defined · s 4

  “body corporate” means a person incorporated by or under any written law, and includes a corporation or statutory body, public authority or other authority, incorporated by or under a written law;

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• Commission

  Commission

  Defined · s 4

  “Commission” means the Consumer Credit Commission established under section 6;

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• credit

  credit

  Defined · s 4

  “credit” means any arrangement, agreement or facility as set out in subsection 5(2);

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• property

  property

  Defined · s 4

  “property” means— (a) assets of every kind, whether corporeal or incorporeal, moveable or immovable, tangible or intangible, however acquired; (b) legal documents or instruments in any form, including electronic or digital, evidencing title to, or interest in, such assets, including bank credits, traveller’s cheques, bank cheques, money orders, shares, securities, bonds, drafts and letters of credit; or (c) any right, interest, title, claim, chose in action, power or privilege, whether present or future, or whether vested or contingent, in relation to any property, or which is otherwise of value;

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• this Act

  this Act

  Defined · s 4

  “this Act” includes any subsidiary legislation, standard or guidelines and notification made under this Act;

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