Financial Sector Reform Act 2022 (87 of 2022)
Schedule 4 Consumer credit reforms
Part 2 Consumer leases
National Consumer Credit Protection Act 2009
21 At the end of section 134
Add:
Division 7 imposes requirements on a licensee who makes representations about providing credit assistance in relation to consumer leases for household goods. It also imposes requirements in relation to recording the preliminary assessment that a consumer lease is not unsuitable.
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