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  

179C   One-off notice to be given the first time a direct debit default occurs  

179C(1)    
This section applies if:

(a) a lessee authorises payment of an amount for a consumer lease by direct debit; and

(b) default occurs; and

(c) it is the first occasion the default occurs.

179C(2)    
The lessor must give the lessee a notice, complying with this section, within 14 days of the default occurring.

Criminal penalty: 50 penalty units.

179C(3)    
The notice must contain the information prescribed by the regulations.

179C(4)    
Subsection (2) is an offence of strict liability.

Note:

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

179C(5)    
This section does not affect any other requirement under this Code to give a notice.