Common use of December 2016 Clause in Contracts

December 2016. This Contract is a “Consumer Lease” and is for consumer purposes, and the provisions of the National Credit Code apply to it if at the date you sign the Lease Schedule, you are an individual and the Goods are leased wholly or predominantly for personal, domestic or household purposes. This Contract is a “Business Lease” and is for business purposes if at the date you sign the Lease Schedule, the Goods are leased for wholly or predominantly business purposes and you sign a business purposes declaration.