Document ID: chunk:federal_register_of_legislation:F2024C00882:reg:105g
Version: federal_register_of_legislation:F2024C00882
Segment Type: reg
Provision Reference: reg 105G
Character Range: 383119–383912

105G  Information to be contained in statement of amount payable on termination of consumer lease
  For paragraph 179A(2)(d) of the Code, the matters that must be contained in a statement of amount payable on the termination of a consumer lease are the following:
 (a) the total amount to be paid, on the date of the statement, to terminate the lease;
 (b) the amounts the lessee is liable to pay to terminate the lease, expressed as an amount for each month from the date of the statement;
 (c) a statement as to whether the lessor is prepared to negotiate the sale of the goods;
 (d) if the lessor is prepared to negotiate the sale of the goods:
 (i) an estimate of the sale price of the goods; and
 (ii) contact details for the person through whom the sale of the goods may be negotiated.