Sch 2 s 190Termination of lay-by agreements by suppliers

190 Termination of lay‑by agreements by suppliers

(1) A supplier of goods who is a party to a lay‑by agreement commits an offence if the supplier terminates the agreement.

Penalty:

(a) if the person is a body corporate—$30,000; or

(b) if the person is not a body corporate—$6,000.

(2) Subsection (1) does not apply if:

(a) the consumer who is a party to the agreement breached a term of the agreement; or

(b) the supplier is no longer engaged in trade or commerce; or

(c) the goods to which the agreement relates are no longer available.

(3) Subsection (1) is an offence of strict liability.