Commonwealth Consolidated Regulations

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NATIONAL CONSUMER CREDIT PROTECTION REGULATIONS 2010 - REG 84

Information after surrender of goods

    For subsection   85(3) of the Code, the information required to be contained in a notice must include the information set out in Form   10.

Note:   Section   85 of the Code enables a debtor of goods sold by instalments or mortgagor to surrender the goods. Subsection   85(3) requires a credit provider to give a debtor or mortgagor a written notice containing the estimated value of the goods and any other information required by the regulations.


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