Linked lessors and tied consumer leases
179S Linked lessors and tied consumer leases
For the purposes of this Code, a linked lessor of a supplier means a lessor:
with whom the supplier has a contract, arrangement or understanding relating to:
the supply to the supplier of goods in which the supplier deals; or
the business carried on by the supplier of supplying goods; or
the provision to persons of a consumer lease for the hire of goods supplied by the supplier to the lessor; or
to whom the supplier, by arrangement with the lessor, regularly refers persons for the purpose of being provided with a consumer lease; or
whose forms of contract or forms of application or offers for a consumer lease are, by arrangement with the lessor, made available to persons by the supplier; or
with whom the supplier has a contract, arrangement or understanding under which applications for a consumer lease or offers to be provided with a consumer lease from the lessor may be signed by persons at the premises of the supplier.
A tied consumer lease is a consumer lease entered into between a lessor and a lessee where:
the lessee enters into the lease to hire goods supplied by the supplier to the lessor; and
at the time the lease is entered into the lessor is a linked lessor of the supplier.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.