Document ID: chunk:federal_register_of_legislation:C2022A00087:clause:4_65
Version: federal_register_of_legislation:C2022A00087
Segment Type: clause
Provision Reference: sch 4 cl 65
Character Range: 61106–61624

65  After subsection 171(1) of the National Credit Code
Insert:

Leases for an indefinite period
 (1A) This Part does not apply to a consumer lease for an indefinite period unless:
 (a) the lessor is a constitutional corporation at the time that the lease is entered into; or
 (b) the lease was entered into in the course of constitutional trade and commerce; or
 (c) the lease was entered into using postal, telegraphic, telephonic or other like services (within the meaning of paragraph 51(v) of the Constitution).