The "Annotated National Credit Code, 6th Edition" is a comprehensive legal handbook that provides detailed commentary and analysis on the Australian National Credit Code. Here is a comprehensive overview of the book:

Key Themes

1. Consumer Credit Law: The book focuses on the Australian National Credit Code, which governs consumer credit and consumer leases in Australia. It covers all aspects of consumer credit law, from initial marketing and contract formation to enforcement and financial hardship.
2. Regulatory Compliance: It provides guidance on regulatory compliance, including breach, remediation, and reporting requirements. This is crucial for financial services providers to ensure they adhere to the legal standards set by the National Credit Code.
3. Practical Applications: The book is designed to be practical, offering insights and strategies for responsible managers and practitioners working with consumer credit in Australia. It aims to help users navigate the complexities of consumer credit law effectively.

Plot Summary

The book does not have a traditional plot summary as it is a legal textbook. However, it covers the life cycle of a credit contract or consumer lease, including:

• Initial Marketing: Discussions on how credit providers market their services to consumers.
• Contract Formation: Analysis of the formation of credit contracts and consumer leases.
• Ongoing Obligations: Examination of the ongoing obligations of credit providers and consumers.
• Enforcement: Guidance on the enforcement of credit contracts and consumer leases.
• Financial Hardship: Discussions on financial hardship provisions and how they are applied.

Critical Reception

While there is no specific critical reception available in the search results, the book is widely recognized as an essential resource for anyone working with consumer credit in Australia. The author, Andrea Beatty, is a leading financial services lawyer with extensive expertise in consumer law, which adds credibility to the book. The fact that the 6th edition is currently in production indicates ongoing relevance and demand for the publication.

Author

Andrea Beatty is a prominent financial services lawyer in Australia. She has authored five editions of the "Annotated National Credit Code" and is recognized for her expertise in consumer law. Her contributions to the field have been acknowledged by Chambers Asia Pacific and Australia's 'Best Lawyers'.

Edition and Publication

The 6th edition of the "Annotated National Credit Code" is currently in production, indicating that the book remains a vital resource for professionals in the field of consumer credit law. It is published by Lexis Nexis Butterworths, a reputable publisher in the legal field.