Consumer Credit Legislation Amendment (Enhancements) Act 2012 (130 of 2012)

Schedule 5   Consumer leases

National Consumer Credit Protection Act 2009

8   Subsection 199(2) (at the end of the table)

Add:

14

Section 175F of the National Credit Code

the value of the consumer lease to which the order relates is not more than:

(a) $40,000; or

(b) if a higher amount is prescribed by the regulations - that higher amount.

15

Subsection 175G(6) of the National Credit Code

the value of the consumer lease to which the order relates is not more than:

(a) $40,000; or

(b) if a higher amount is prescribed by the regulations - that higher amount.

16

Section 177D of the National Credit Code

not applicable.

17

Section 177E of the National Credit Code

not applicable.

18

Section 177F of the National Credit Code

the value of the consumer lease to which the order relates is not more than:

(a) $40,000; or

(b) if a higher amount is prescribed by the regulations - that higher amount.

19

Section 179K of the National Credit Code

not applicable.

20

Section 179Q of the National Credit Code

the value of the consumer lease to which the order relates is not more than:

(a) $40,000; or

(b) if a higher amount is prescribed by the regulations - that higher amount.

21

Subsection 179R(3) of the National Credit Code

the order is for an amount that is not more than:

(a) $40,000; or

(b) if a higher amount is prescribed by the regulations - that higher amount.

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