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Sch 1 (National Credit Code), s 173

Form of consumer lease

In force
Volume 1Chapters 1 to 6 (sections 1 to 322)
Chapter 6Compliance and enforcement
Part 6-8Evidentiary use of certain material
Division 2Evidentiary use of certain material

173 Form of consumer lease

(1)

A consumer lease must be in the form of a written lease document:

(a)

signed by the lessor and the lessee; and

(b)

containing the information required by this Division.

(1A)

Subject to subsection (2), a consumer lease may consist of one or more separate documents.

(2)

The regulations may make provision for or with respect to the form of consumer leases and the way they are expressed.

(2A)

In the case of a lease document consisting of more than one document, it is sufficient compliance with this section if one of the documents is duly signed and the other documents are referred to in the signed document.

(3)

A lessor must not enter into a consumer lease that contravenes a requirement of this section or regulations made under this section.

Criminal penalty: 100 penalty units.

(4)

Subsection (3) is an offence of strict liability.

Note:

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

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