9AOutline of Part

1. This Part provides for lender responsibility principles that must be complied with by creditors under certain credit contracts and transferees under buy-back transactions.

2. In relation to those principles, this Act provides for—

3. the court to make compensation and other orders, or to grant an injunction, in respect of a breach of the principles (see sections 93(aa), 96(1)(aa), 98A, 98B, and 107A):
4. the debtor to be entitled to recover statutory damages if the creditor breaches certain of the principles (see section 88):
5. creditors to make decisions on hardship applications under section 55 in compliance with the principles (see section 57A):
6. creditors to comply with the principles in relation to a repossession of consumer goods (see sections 83E(1)(c) and 83Q):
7. the District Court to order persons not to act as creditors, lessors, or transferees if those persons have failed to comply with the principles (see section 108(1)(a)(v)):
8. the court to have regard to compliance with the principles when deciding whether to reopen an agreement under Part 5 (see section 124(1)(b)).

9. This Part also provides for requirements to make publicly available standard form contract terms and information about the costs of borrowing.