Section 190 — Competition and Consumer Act 2010: 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.