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 8 - Repossession, termination and enforcement of consumer leases  

Subdivision B - Termination of consumer lease by lessee  

179B   Court may determine amount payable on termination if lessor does not  

179B(1)    
If the lessor does not provide a statement of the amount payable to terminate a consumer lease in accordance with this Subdivision after a request is duly made by a lessee, the court may, on the application of the lessee, determine:

(a) the amount payable on the date of determination; and

(b) the amount by which it increases daily; and

(c) the period for which the determination is applicable.

179B(2)    
The consumer lease is discharged if:

(a) the goods hired under the lease are returned to the lessor within the applicable period; and

(b) an amount calculated in accordance with the determination is tendered to the lessor within the applicable period.