Credit Contracts and Consumer Finance Act 2003

Consumer leases, credit-related insurance, and buy-back transactions of land - Consumer leases

61: Presumption relating to consumer lease

You could also call this:

"What happens when you say a lease is for personal use in court"

Illustration for Credit Contracts and Consumer Finance Act 2003

If you claim a lease is a consumer lease in court, it is assumed to be one unless proven otherwise. You need to know that this rule is affected by what is said in section 13. This means you must consider what section 13 says when deciding if a lease is a consumer lease.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM213128.

This page was last updated on View changes


Previous

60: Consumer leases, or

"Hiring goods for personal use, like renting something for a year or more."


Next

62: Declaration concerning consumer lease, or

"Telling the owner you're hiring goods for business, not personal use"

Part 3Consumer leases, credit-related insurance, and buy-back transactions of land
Consumer leases

61Presumption relating to consumer lease

  1. In any proceedings in which a party claims that a lease is a consumer lease, it is presumed that the lease is a consumer lease unless the contrary is established.

  2. This section is subject to section 13.