National Consumer Credit Protection Act 2009
Note:
See section 3 of the National Credit Act.
PART 11 - CONSUMER LEASES Division 8 - Repossession, termination and enforcement of consumer leases
View history note
Hide history noteIf 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.
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.
