Commonwealth Numbered Regulations

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NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 (SLI NO 44 OF 2010) - REG 105

Explanation about rights and obligations of consumer lessees

         (1)   For subsection 175 (1) of the Code, a statement must:

                (a)    be in writing; and

               (b)    be in accordance with Form 17.

         (2)   The statement may be in the form of a separate document or a part of the consumer lease document.

Note    Section 175 of the Code requires a lessor under a consumer lease to give a lessee a statement in the form required by the regulations explaining the lessee's rights and obligations.

The statement must be given within 14 days after entering into the lease.

Part 7-10             Miscellaneous

   



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