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 6 - Certain transactions not to be treated as new consumer leases  

175J  

175J   Changes etc. under consumer leases  


If:


(a) there is:


(i) a change to an existing consumer lease that results in further goods being provided; or

(ii) a deferral or waiver of an amount under an existing consumer lease; or

(iii) a postponement relating to an existing consumer lease; and


(b) the change, deferral, waiver or postponement is made in accordance with this Code or the existing consumer lease;

then the change, deferral, waiver or postponement is not to be treated as creating a new consumer lease or a credit contract for the purposes of this Code.


 

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