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National Consumer Credit Protection Regulations 2010
105GInformation to be contained in statement of amount payable on termination of consumer lease
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#### 105G Information to be contained in statement of amount payable on termination of consumer lease
For paragraph 179A(2)(d) of the Code, the matters that must be contained in a statement of amount payable on the termination of a consumer lease are the following:
(a) the total amount to be paid, on the date of the statement, to terminate the lease;
(b) the amounts the lessee is liable to pay to terminate the lease, expressed as an amount for each month from the date of the statement;
(c) a statement as to whether the lessor is prepared to negotiate the sale of the goods;
(d) if the lessor is prepared to negotiate the sale of the goods:
(i) an estimate of the sale price of the goods; and
(ii) contact details for the person through whom the sale of the goods may be negotiated.