Consumer Credit Legislation Amendment (Enhancements) Act 2012 (130 of 2012)
Schedule 5 Consumer leases
National Consumer Credit Protection Act 2009
30 Subsection 204(1) of the National Credit Code (definition of enforcement proceedings)
Repeal the definition, substitute:
enforcement proceedings means:
(a) for a credit contract, consumer lease or guarantee - proceedings in a court to recover a payment due under the contract, lease or guarantee; or
(b) for a consumer lease or mortgage - taking possession of property under the lease or mortgage; or
(c) for a mortgage - taking any other action to enforce the mortgage.
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