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  

175E   Statement of amount owing and other matters  

175E(1)    
A lessor must, at the request of a lessee and within the time specified by this section, provide a statement of all or any of the following:


(a) any amounts credited to the lessee ' s account during a period specified in the request;


(b) any amounts currently overdue and the date they became due;


(c) any amount currently payable and the date it becomes due;


(d) any other information prescribed by the regulations.

Criminal penalty: 100 penalty units.


175E(2)    
The statement must be given:


(a) within 14 days, if all information requested relates to a period 1 year or less before the request is given; or


(b) within 30 days, if any information requested relates to a period more than 1 year before the request is given.

175E(3)    
A statement under this section may be given orally but if the request for the statement is made in writing the statement must be given in writing.

175E(4)    
In the case of joint lessees, the statement under this section need only be given to a lessee who requests the statement and not, despite section 194, to each joint lessee.

175E(5)    
A lessor is not required to provide a further written statement under this section if it has, within the 3 months before the request is given, given such a statement to the person requesting it.

175E(6)    
Subsection (1) is an offence of strict liability.

Note:

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



 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.