When Will the National Credit Code NOT Apply to a Short

When will the National Credit Code NOT apply to a short term loan?

A) Where the term is less than 62 days, the credit charges are less than 5% of the amount of the loan and less than 24% per annum.
B) The National Credit Code always applies to short term loans.
C) When it is a 'pay day' loan.
D) Where the term is less than 62 days and the credit charge is fixed regardless of the amount borrowed.