Commonwealth Consolidated Regulations

NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 105

  (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.