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Section : (3) If:
Domain : Human Resource Management
Classification : Not Identified
Text Content
- (a) an organisation or small business operator (the lessor ) carries on a business or undertaking in the course of which the lessor provides credit in connection with the hiring, leasing or renting of goods; and
- (b) the credit is in force for at least 7 days; and
- (c) no amount, or an amount less than the value of the goods, is paid as a deposit for the return of the goods; and
- (d) the lessor is not a credit provider under subsection (1); then the lessor is a credit provider but only in relation to the credit.
- (4) An organisation or small business operator is a credit provider if subsection 6H(1), 6J(1) or 6K(1) provides that the organisation or operator is a credit provider.