How to apply for an ACL – a summary of the new Regulatory Guide 204

11 January 2010

See the one page mind mapwhich summarises the application process. Click on the diagram to download it.

RG204 covers:

When to apply for an ACL;
How to apply for an ACL;
What questions you will be asked about your credit business;
What questions you will be asked regarding compliance with the general conduct obligations;
What supporting information and documentation is required to accompany your ACL application; and
What happens if your application is refused.

For more information and to view the Regulatory Guide in full, go to ASIC’s credit website at: http://www.asic.gov.au/asic/pdflib.nsf/LookupByFileName/rg204.pdf/$file/rg204.pdf

Author: Kathryn Wardrobe

Partner : Tim Nethercote

Phone:+61 3 96708200

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