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 7 - Changes to obligations under consumer leases  

Subdivision B - Changes on grounds of hardship and unjust transactions  

177K   Joinder of parties  

177K(1)    
If it appears to the court that a person other than a lessor (a third party ) has shared in the profits of, or has a beneficial interest prospectively or otherwise in, a consumer lease that the court holds to be unjust, the court may make an order about the third party that the court considers appropriate.

177K(2)    
However, before making an order about the third party, the court must:


(a) join the third party as a party to the proceedings; and


(b) give the third party an opportunity to appear and be heard in the proceedings.




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