New Zealand Credit Contracts and Consumer Finance Act 2003
Part 3: Consumer leases, credit-related insurance and buy-back transactions – New Zealand Credit Contracts and Consumer Finance Act 2003

New Zealand Credit Contracts and Consumer Finance Act 2003 60-68: Consumer leases: initial, variation and request disclosure and the amount payable on termination

What does 60-68 require?

A lessor under a consumer lease (a lease of goods to a natural person for personal, domestic or household purposes, with the presumption and declaration provisions in sections 61 and 62) must make initial disclosure of the Schedule 2 information before the lease is entered into, disclose variations and answer request disclosure as the applied Part 2 provisions require, and must not recover on termination more than the amount section 68 permits.

Maintained by Gerard Blokdyk

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