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Competition and Consumer Act 2010
Sch 2 s 98Termination of lay-by agreements by suppliers
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98 Termination of lay‑by agreements by suppliers
A supplier of goods who is a party to a lay‑by agreement must not terminate the agreement unless:
(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.
Note: A pecuniary penalty may be imposed for a contravention of this section.