Document ID: chunk:federal_register_of_legislation:C2022A00087:clause:4_49
Version: federal_register_of_legislation:C2022A00087
Segment Type: clause
Provision Reference: sch 4 cl 49
Character Range: 39114–39751

49  After subsection 174(1) of the National Credit Code
Insert:
 (1A) A consumer lease for household goods must also contain:
 (a) the base price of the goods hired under the consumer lease; and
 (b) the difference between:
 (i) the base price of the goods hired under the lease; and
 (ii) the total amount payable by the lessee in connection with the lease (including any applicable taxes and any add‑on fees, but not including an amount described in subsection 175AA(4)); and
 (c) any other information required by the regulations.
Note: A penalty may be imposed for contravention of a key requirement in this subsection: see Part 6.