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National Consumer Credit Protection Act 2009
156CWritten documentation required in relation to the assessment for a consumer lease for household goods
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156C Written documentation required in relation to the assessment for a consumer lease for household goods
(1) If, in an assessment made for the purposes of paragraph 151(c), the licensee assesses that a consumer lease for household goods is not unsuitable for a consumer, before:
(a) entering into the consumer lease with the consumer; or
(b) making an unconditional representation to the consumer that the licensee considers that the consumer is eligible to enter a consumer lease with the licensee;
(c) the assessment; and
(d) the inquiries and verification made for the purposes of paragraph 151(d) in relation to that assessment.
(2) ASIC may, by legislative instrument, determine the form in which the matters in paragraphs (1)(c) and (d) are to be documented in writing.
(a) consult the Information Commissioner in relation to matters that relate to the privacy functions (within the meaning of the Australian Information Commissioner Act 2010); and
Part 3‑5—Credit representatives