National Consumer Credit Protection Act 2009
Note:
See section 3 of the National Credit Act.
PART 11 - CONSUMER LEASES Division 5 - Lessor ' s obligation to account
View history note
Hide history noteA lessor must arrange for the lessee to be given, by the time specified in subsection (1A) , a statement containing the information prescribed by the regulations.
Criminal penalty: 100 penalty units.
175H(1A)
The time by which the statement required by subsection (1) must be given is: (a) in the case of a consumer lease for an indefinite period - before the end of the period of 7 business days after:
(i) the lessor receives a request for the statement from the lessee; or
(b) in the case of a consumer lease for a fixed term - not later than 90 days before the end of the fixed term of the consumer lease.
(ii) if the lessor does not receive such a request before the consumer lease ends - the day that the consumer lease ends; or
175H(2)
Subsection (1) does not apply in the circumstances (if any) prescribed by the regulations.
175H(3)
Subsection (1) is an offence of strict liability.
Note:
For strict liability, see section 6.1 of the Criminal Code .
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