Document ID: chunk:federal_register_of_legislation:C2024C00826:section:139
Version: federal_register_of_legislation:C2024C00826
Segment Type: section
Provision Reference: s 139
Character Range: 376924–377674

139  Preliminary assessment of unsuitability of the consumer lease
 (1) For the purposes of paragraph 138(1)(c), the licensee must make a preliminary assessment that:
 (a) specifies the period the assessment covers; and
 (b) assesses whether the consumer lease will be unsuitable for the consumer if the lease is entered in that period.
 (2) For the purposes of paragraph 138(2)(a), the licensee must make a preliminary assessment that:
 (a) specifies the period the assessment covers; and
 (b) assesses whether the consumer lease will be unsuitable for the consumer if the consumer remains in the lease in that period.
Note: The licensee is not required to make a preliminary assessment under this section if the credit assistance is not provided.