Commonwealth Consolidated Acts

NATIONAL CONSUMER CREDIT PROTECTION ACT 2009 - SECT 139

  (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.