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Group proceeding brought on behalf of persons who entered into car loans issued under Macquarie Leasing Pty Ltd’s credit licence, in the period 1 March 2013 to 31 October 2018, with respect to which a “flex commission” was paid to the car dealer.

The claim alleges that car dealers acted on behalf of Macquarie Leasing in providing certain credit services to group members who took out car loans with those dealers. The claim alleges that the terms of those car loans relating to the “flex commissions” constituted “unfair conduct” for the purposes of the National Consumer Credit Protection Act 2009 (Cth). Further, it is alleged that Macquarie Leasing engaged in misleading or deceptive conduct by failing to disclose to those borrowers certain matters concerning the loan agreements. The claim seeks to restrain the lenders from charging further interest, the repayment of interest under the loans or alternatively orders voiding the loan agreements or providing compensation to group members.

Reply filed by the Plaintiffs on 21 April 2022 in the Flex Commissions Group Proceeding (Class Action) - Macquarie Leasing

Publisher
Supreme Court of Victoria
Date of publication

Defence filed on 14 April 2022 in the Flex Commissions Group Proceeding (Class Action) - Macquarie Leasing

Publisher
Supreme Court of Victoria
Date of publication

Statement of Claim filed on 17 February 2022 in the Flex Commissions Group Proceeding (Class Action) - Macquarie Leasing

Publisher
Supreme Court of Victoria
Date of publication

Funding Information Summary Statement filed on 14 October 2020 in the Flex Commissions Group Proceeding (Class Action) - Macquarie Leasing

Publisher
Supreme Court of Victoria
Date of publication

Group Proceeding Summary Statement filed on 14 October 2020  in the Flex Commissions Group Proceeding (Class Action) - Macquarie Leasing

Publisher
Supreme Court of Victoria
Date of publication