Subordinate legislation (sometimes called ‘delegated’ legislation) is a category of statutory instrument made by an entity acting under the authority of an Act. Subordinate legislation includes: regulations (the majority of instruments of subordinate legislation are regulations) proclamations (these instruments are mainly used to fix the commencement of provisions of an Act) rules (the most common examples are the rules of court) standards notices orders by-laws. With the exception of a special category of subordinate legislation (called exempt subordinate legislation)
A Bill that has been passed by the Legislative Assembly and presented to the Governor for royal assent becomes an Act on receiving that assent. At that point, the Act becomes a law of the State but whether or not its provisions start to operate depends on whether they have ‘commenced’. Acts are sometimes called primary or principal legislation. Each Act of the Queensland Parliament can be uniquely identified by its short title and number
The Record of Proceedings—commonly referred to as Hansard—is the official record of the Legislative Assembly. Among other things, it includes details of the: sponsoring Minister’s or member’s explanatory speech when introducing a Bill debate about a Bill stage of progression a Bill has reached in the Legislative Assembly text of all amendments to a Bill and whether they were agreed to date of assent of a Bill. Hansard is published daily on Parliament’s website www.parliament.qld.gov.au when Parliament is sitting
Bills are proposed laws introduced into the Legislative Assembly. If agreed to by the Parliament, they become Acts. In Queensland all Government Bills are drafted by the Office of the Queensland Parliamentary Counsel (OQPC) on receipt of a specific Cabinet authority which justifies the need for legislation. This is an important step in the process as not everything the Government seeks to achieve needs to be implemented by legislation. Most Bills are Government Bills and are introduced into Parliament by the Minister whose responsibilities cover the Bill’s subject matter. However, OQPC also [...]
About the only real difference is the name. On an Equifax (Formerly Veda Advantage) credit file ordered directly by a consumer, you might see the heading “Overdue Account(s)” but the same listing from a business subscriber, you might see it called a “Default”. Otherwise, you could say it is an overdue account for at least 60 days before it can be listed as a default.
A Clear Out is also known as a Serious Credit Infringement and will remain on your credit rating for 7 years. See Serious Credit Infringement for further details.
A Judgment relates to court proceedings filed against you and the subsequent order made by a court that you owe a debt. The order becomes public record and the credit reporting bureaus upload the data directly from the courts onto their credit reporting databases. You may also have other public record listings on your credit files including court actions and court writs. Judgments and court actions stay listed on your report for 5 years while court writs are listed for 4 years.
A default may be listed on your credit file when you fail to meet your repayment obligations under your credit contract. A default will stay on your credit file for up to 5 years, but if you have a serious credit infringement, this may stay listed for up to 7 years.
At the time of writing, MyCRA Lawyers work on removing any bad credit listing or enquiry other than Bankruptcy, Part IX, Part X, or Section 73 of the Bankruptcy Act or judgments listed by the Australian Taxation Office. If you need assistance with having a bankruptcy annulled or other help with your small business, we will happily refer you on to another Law Firm that can help you. Please call 1300-667-218 for more details.
Credit files (also known as credit ratings or credit reports) are created for every person18 years and over who has been credit active, or that has now or has had, an open credit account or loan. Your credit report can indicate the potential success or failure of future loan, credit card and mortgage applications. Basically a credit file or credit rating records information for the past 5 – 7 years such as repayment history, the size of debt and the forms of credit applied for. From a consumer perspective, your credit report is possibly [...]