Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) Subsection 179C(2) of the Code does not apply to a lessor if the default mentioned in subsection 179C(1) is rectified before the lessor is required to give the direct debit default notice under subsection 179C(2).
(2) Disregard a default in relation to which, in reliance on subregulation (1), no direct debit default notice is given.
Note: Section 203B of the Code provides, among other things, that the regulations may exempt a person or a class of persons from all or specified provisions of the Code.