Sch 1 (National Credit Code), s 177H
In forceApplications by ASIC
Volume 2Chapter 7 (sections 323 to 337), Schedule 1, Endnotes
Chapter 7Miscellaneous
Part 7-1Miscellaneous
Division 1AAvoidance schemes
177H Applications by ASIC
(1)
This section applies if ASIC considers that it is in the public interest to make an application under this Subdivision.
(2)
ASIC may make an application under this Subdivision and has standing to represent the public interest.
(3)
The application:
(a)
may apply to any one or more consumer leases; and
(b)
may apply to all or any class of consumer leases entered into by a lessor during a specified period (for example, all leases entered into during a specified period that are affected by a specified matter for which relief is sought).
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