12 CFR 706.0 - Purpose and scope.

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§ 706.0 Purpose and scope.
(a) Purpose. The purpose of this part is to prohibit unfair or deceptive acts or practices in violation of section 5(a)(1) of the Federal Trade Commission Act, 15 U.S.C. 45(a)(1). The prohibitions in this part do not limit NCUA's authority to enforce the Federal Trade Commission Act with respect to any other unfair or deceptive acts or practices.
(b) Scope. This part applies to Federal credit unions.
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