National Consumer Credit Protection Act 2009

SCHEDULE 1 - NATIONAL CREDIT CODE  

Note:

See section 3 of the National Credit Act.

PART 11 - CONSUMER LEASES  

Division 5 - Lessor ' s obligation to account  

Subdivision A - Ongoing statements of account  

175C   Statements of account  

175C(1)    
A lessor must give to the lessee, or arrange for the lessee to be given, periodic statements of account in accordance with this Subdivision.

Criminal penalty: 100 penalty units.

175C(2)    
The maximum period for a statement of account is 12 months.

175C(3)    
A statement of account need not be given if:

(a) the lessee was in default under the consumer lease during the statement period and the lessor has commenced enforcement proceedings; or

(b) the lessee has died or is insolvent and the lessee ' s personal representative or trustee in bankruptcy has not requested a statement of account.

175C(4)    
Subsection (1) is an offence of strict liability.

Note:

For strict liability, see section 6.1 of the Criminal Code .