Section 123 — Credit Contracts and Consumer Finance Act 2003: Time and circumstances relevant to reopening credit contracts, consumer leases, or buy-back transactions

123 Time and circumstances relevant to reopening credit contracts, consumer leases, or buy-back transactions A credit contract, a consumer lease, a buy-back transaction, a term of a credit contract, a consumer lease, or a buy-back transaction, or an act performed under, or in connection with, a credit contract, a consumer lease, or a buy-back transaction is not oppressive if the contract, lease, transaction, term, or act would not have been considered oppressive at the time, and in the circumstances, that it was made or performed. Compare: 1981 No 27 s 11(1)