Document ID: chunk:federal_register_of_legislation:C2022A00087:clause:4_114a
Version: federal_register_of_legislation:C2022A00087
Segment Type: clause
Provision Reference: sch 4 cl 114A
Character Range: 33570–34384

114A  Penalty if application made by lessee
 (1) On application being made by a lessee for an order in relation to a consumer lease, the maximum penalty that may be imposed by the court for a contravention of a key requirement is an amount not exceeding the difference between:
 (a) the total amount payable by the lessee under the consumer lease; and
 (b) the base price of the goods hired under the lease.
 (2) The court may, however, impose a greater penalty if the lessee satisfies the court that the lessee has suffered a loss. The amount of the penalty is to be not less than the amount of the loss.
 (3) For the purposes of paragraph (1)(a), the amount payable under a consumer lease to the extent it relates to amounts payable in the future is to be calculated on the assumptions in sections 180 and 182.