Credit (Employee Motor Vehicle Lease Exemption) Order 1994 (Qld)

Queensland Subordinate Legislation 1994 No. 268 Credit Act 1987 CREDIT (EMPLOYEE MOTOR VEHICLE LEASE EXEMPTION) ORDER 1994 TABLE OF PROVISIONS Section Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Definition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Exemption . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

s1 2 s3 Credit (Employee Motor Vehicle Lease Exemption) No. 268, 1994 ˙ Short title 1. This order in council may be cited as the Credit (Employee Motor Vehicle Lease Exemption) Order 1994 . ˙ Definition 2. In this order— “related body corporate” has the meaning given by the CorporationsLaw. ˙ Exemption 3. The Act does not have effect in relation to a lease of a motor vehicle if, when the lessee enters into the lease, as part of the lessee’s remuneration or other employment benefits, the lessee’s employer (or a related body corporate of the employer) assumes the lessee’s obligation to make rental payments as they fall due under the lease. ENDNOTES 1. Made by the Governor in Council on 14 July 1994. 2. Notified in the Gazette on 15 July 1994. 3. Laid before the Legislative Assembly on . . . 4. The administering agency is the Office of Consumer Affairs. © State of Queensland 1994