Page 4150 - Week 15 - Thursday, 17 December 1992

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4. A.C.T. CREDIT TRIBUNAL

1. Present Members

Mr A C C Menzies Chairperson 10/5/88 to 9/5/94 Mr B D Pentony 10/5/88 to 9/5/94 Mr J H Fielden 10/5/88 to 9/5/94 Ms J B McSpedden A/g Member 19/2/88 No fixed term Ms Elizabeth Symons A/g Chairperson 23/8/91

2 Terms of Reference

The Tribunal adjudicates between credit users and credit providers in matters arising under the Act and decides on applications by credit providers and finance brokers for licensing under the Act.

Deals with

Contracts Contracts of Sale . Credit Sale Contracts

Loan Contracts . Continuing Credit Contracts

Goods Mortgages . Home Finance Contracts

Contracts of Guarantee . Contracts of Insurance

3. Term and Power of Appointment

Appointed for up to five years by the Minister and eligible for re-appointment.

4. Gender Breakdown

3 Males - 2 Females

5. Remuneration Mechanism

Chairperson - Specified Office - Rate per diem - $366 (from 15.8.91) - Remuneration Tribunal det No 26 of 1991 refers Member - Non-Specified Office - Category 2 (Remuneration (Repeal) Ordinance 1989 $194 per diem (from 15.8.91) - Remuneration Tribunal det No 22 of 1991 refs

Travel Allowance (for Chairperson and Members) -Sydney - $230; Capital Cities $190; Other than Capital Cities - $145

6. Public Servants

When this Tribunal was transferred to the ACT Magistrates Court it was on the basis that the functions would be absorbed by existing staff and there is no one person who is responsible for this Tribunal. The administration for this Tribunal is undertaken by various staff on an ad hoc basis and would take approximately 1 day per month, however it is intended to incorporate this with the Guardianship and Management Property Tribunal.

7. Publications

Nil

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