National Consumer Credit Protection Act 2009
Note:
See section 3 of the National Credit Act.
PART 11 - CONSUMER LEASES Division 10 - Conduct relating to consumer leases
View history note
Hide history noteA person must not make a false or misleading representation:
(a) in relation to a matter that is material to entry into a consumer lease or a related transaction; or
(b) in attempting to induce another person to enter into a consumer lease or a related transaction.
Civil penalty: 5,000 penalty units.
179U(1A)
A person commits an offence if:
(a) the person is subject to a requirement under subsection (1); and
(b) the person engages in conduct; and
(c) the conduct contravenes the requirement.
Criminal penalty: 50 penalty units.
179U(2)
For the purposes of subsections (1) and (1A), it is a defence if a person charged proves that he or she reasonably believed that the representation was not false or misleading.
179U(3)
A person who suffers loss as a result of a contravention of this section by another person may recover the amount of the loss from:
(a) that other person; or
(b) any other person involved in the contravention.
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