Commonwealth Consolidated Regulations

NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 105A

    For section   175D of the Code, the information that must be contained in a statement of account is a disclosure that:

  (a)   the lessee will not own the goods at the end of the consumer lease; and

  (b)   the lessee will not have an obligation or a right to purchase the goods at the end of the consumer lease.