What are the various legal aspects that a lending officer must take into account before a consumer loan is approved? 2. What are the important provisions of the National Credit Code? 3. Does the code provide for criminal penalties on lending officers? 4. What is unconscionable conduct? How is it different from deceptive conduct? 5. Who administers the Competition and Consumer Act 2010 in Australia? What are the important provisions of this Act that a lending officer should consider? 6. 'Banker's lien is a general lien.' Do you agree with this statement? How does banker's lien help the banker in recovering dues? 7. What legislation enacted by the Commonwealth Government seeks to prohibit discrimination? 8. Explain the salient features of the Australian Banking Industry Ombudsman's role. 9. Does the Australian Securities and Investments Commission have any role in protecting consumers in credit transactions? 10.What important points should a lending officer bear in mind for consumer lending?