Section 191 — Competition and Consumer Act 2010: Refund of amounts

(1) A supplier of goods who is a party to a lay-by agreement commits an offence if: (a) the agreement is terminated by a party to the agreement; and (b) the supplier fails to refund to the consumer all the amounts paid by the consumer under the agreement (other than any termination charge that is payable under 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) is an offence of strict liability.