Queensland Consolidated Regulations Queensland Consolidated Regulations(1) For the purposes of section 150 of the Code, the form of the declaration is as follows--
'I/We declare that the goods to be hired by me/us from the lessor are to be hired wholly or predominantly for business purposes.'.
(2) The declaration is to contain (immediately below the above words or, if a consumer lease is made by electronic communication, prominently displayed when (but not after) the person signs) a warning in the following form--
| You should not sign this declaration unless the goods are hired wholly or predominantly for business purposes. By signing this declaration you may lose your protection under the Consumer Credit Code. |
(3) The declaration is to contain--
(a) the signature of each person making the declaration; and
(b) either the date on which the declaration is signed or the date on which it is received by the lessor.
Note--
The Code applies to consumer leases only if the goods are hired for personal, domestic or household purposes. Section 150(2) of the Code provides that goods hired under a consumer lease are conclusively presumed not to be hired for those purposes if the lessee declares, before hiring the goods, that the goods are hired wholly or predominantly for business purposes. The declaration is not effective unless it is substantially in the form required by the regulations.