Sch 1 (National Credit Code), s 179B
In forceCourt may determine amount payable on termination if lessor does not
Volume 2Chapter 7 (sections 323 to 337), Schedule 1, Endnotes
Chapter 7Miscellaneous
Part 7-1Miscellaneous
Division 2Liability of persons for conduct of their agents etc.
179B Court may determine amount payable on termination if lessor does not
(1)
If the lessor does not provide a statement of the amount payable to terminate a consumer lease in accordance with this Subdivision after a request is duly made by a lessee, the court may, on the application of the lessee, determine:
(a)
the amount payable on the date of determination; and
(b)
the amount by which it increases daily; and
(c)
the period for which the determination is applicable.
(2)
The consumer lease is discharged if:
(a)
the goods hired under the lease are returned to the lessor within the applicable period; and
(b)
an amount calculated in accordance with the determination is tendered to the lessor within the applicable period.
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