Victorian Consolidated Legislation

Fair Trading Act 1999 - SECT 32EA

How is cash price determined for leases of goods?

32EA. How is cash price determined for leases of goods?

In section 32D cash price in relation to a contract of supply of goods by way
of lease means-

   (a)  if at the time the contract is made the goods are available for
        purchase from the supplier-the lowest price at which the purchaser
        might have purchased the goods from the supplier; or

   (b)  if at the time the contract is made, the goods are reasonably
        available for purchase but are not available for purchase from the
        supplier or are available for purchase only together with other
        property or services-the lowest price at which, at that time, the
        purchaser could reasonably have purchased goods of that kind; or

   (c)  if at the time the contract is made, the goods are not available for
        purchase or are available for purchase only together with other
        property or services-the value of the goods at that time.