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StatuteCredit Contracts and Consumer Finance Act 2003

Section Sch2 — Credit Contracts and Consumer Finance Act 2003: Information concerning consumer lease

Text of the provision Official document

Schedule 2 Information concerning consumer lease s 64 The following is information concerning a consumer lease as is applicable: Full name and address of lessor (a) the full name and full address of the lessor: Nature of lease (b) the fact that the lease is a consumer lease under this Act: Term of lease (c) the term of the lease: Cash price (d) the cash price of the goods leased: Option to purchase goods (e) whether the lessee has an option to purchase the goods and if so, the amount payable to exercise the option or the method of calculating that amount: Payments required (f) the amount, timing, and number of payments to be made under the lease: Amount paid at commencement (g) any amount or consideration that must be paid or provided before or at the commencement of the term of the lease or before the lessee takes possession of the goods: Total amount payable (h) the total amount payable by the lessee under the lease, if ascertainable: Conditions of termination (i) a statement of the conditions on which the lessee may terminate the lease, including how any amount payable on the termination of the lease is calculated: Services financed under lease (j) particulars of any services that in substance are financed under the lease: Default fees or charges (k) the fees or charges that are payable on a breach of the lease by the lessee or on the enforcement of the lease by the lessor: Other items (l) any other information or warnings prescribed by the regulations to be information concerning a consumer lease.

Official source: legislation.govt.nz

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Statutory text from an official public source. Informational content — does not replace advice from a qualified lawyer.