1.9 — No extension of the NCCP Act

The NCCP Act should not be amended to extend its operation to lending to small businesses.

Government Response

The Government agrees to this recommendation and the Commissioners findings that extending the responsible lending obligations in the NCCP Act would likely increase the cost of credit for small business and reduce the availability of credit. The Government is committed to ensuring access to affordable credit for small businesses.

83 thoughts on “1.9 — No extension of the NCCP Act”

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