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Credit Contracts and Consumer Finance Act 2003

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

67: Request disclosure for consumer leases

You could also call this:

"Get information about your lease in writing from the person you lease from"

Illustration for Credit Contracts and Consumer Finance Act 2003

You can ask the person you lease from to tell you some things about your lease. You need to ask in writing and the person you lease from must tell you within 15 working days. They can ask you to pay a reasonable fee for this information. You can ask for things like how much you pay, when you pay, and how many payments you make. You can also ask for details about any changes made to the lease and a copy of any disclosure statement. The person you lease from does not have to tell you if they already told you in the last three months or if your lease ended over a year ago. The person you lease from must give you the information you ask for within 15 working days of getting your request or payment. This helps you know what is going on with your lease and makes sure the person you lease from is fair. You have the right to ask for this information and the person you lease from must follow the rules.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM213135.

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Topics:
Money and consumer rights > Consumer protection
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"When you don't need to be told about changes to your lease"

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Part 3Consumer leases, credit-related insurance, and buy-back transactions of land
Consumer leases: Disclosure of consumer lease

67Request disclosure for consumer leases

  1. Every lessee under a consumer lease may request in writing that disclosure of any or all of the matters referred to in subsection (2) be made to the lessee by the lessor.

  2. The matters are as follows:

  3. the amount, timing, and number of payments to be made under the lease:
    1. full particulars concerning any changes made to the lease since the lease was made:
      1. a copy of any disclosure statement that was provided or that should have been provided before the date on which the request is made.

        1. The lessor must comply with the request for disclosure within 15 working days of the later of—

        2. the date that the request is received by the lessor; or
          1. the date on which the lessor receives payment of a reasonable fee for the disclosure as specified by the lessor.

            1. However, the lessor does not have to comply with the request for disclosure if—

            2. disclosure of the matter that is requested has been made to the person making the request during the 3 months before the receipt of the request by the lessor; or
              1. the request is received by the lessor more than 1 year after the lease has come to an end.