Hire Purchase Act definition

Hire Purchase Act means the Hire Purchase Act 1959 (WA) or the Credit (Rural Finance) Act 1996 (Qld), (as amended from time to time), whichever applies in the circumstances. Instalments, in respect of a Loan, means the instalments of principal and/or interest (Implicit Rate) specified in the Document and payable in the manner specified in it and in this memorandum.
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Examples of Hire Purchase Act in a sentence

  • All conditions and warranties (save and except those which are implied by the Hire Purchase Act (Cap.

  • For the avoidance of doubt, the Hirer hereby declares and agrees that he has read and understood the Agreement (which consists of the terms and conditions set out herein and in the Schedule and the Standard Terms and Conditions for Hire Purchase Agreement (Non Hire Purchase Act) ‘Version:CL/NACT/TAC/JUL12’ attached hereto) and agrees to be bound by these terms and conditions.

  • Legislation Year and No Commencement Original Current 1 Figure £2000 substituted for the previous paragraphs (b) and (c) by section 1 of the Hire Purchase Act 1973 (paragraph (a) having been repealed by section 1 of the Hire Purchase Act 1955.

  • As there were no proper laws to regulate such transactions of hire purchase hence provisions were made by a separate act called the Hire Purchase Act 1972.

  • In the case of consumer transactions, this agreement is governed by the provisions of Chapter 7 of the Consumer Protection Act (38/78) and in case of other transactions by the Hire Purchase Act (91/66).

  • Protection for the Hirer: The Hire Purchase Act makes limited attempts to protect the Hirer's interests, primarily through implied terms and provisions in the agreement itself.

  • The hire-purchase agreements are governed by the Hire Purchase Act 1967.

  • A failure to re-deliver the goods on demand would render the hirer strictly liable for any loss or damage to the goods which occur while his failure continues.Obligations under the Hire PurchaseSection 4 of the Hire Purchase Act implies additional terms into any hire purchase contract, whether under the Act or at common law.

  • Settlement will be performed in the manner specified in Chapter 7, Section 36 of the Consumer Protection Act in the case of consumer sales, and as specified in the Hire Purchase Act in the case of other hire purchase sales.

  • Subject to the Hire Purchase Act, the Owner shall not be liable to the Hirer in the following circumstances: any breach of / non-adherence of this Agreement / any applicable law by the Hirer; negligent acts / omissions of the Hirer; (a) any forgery / fraudulent actions by the Hirer / its servants, employees, agents, officers, authorised signatories, partner / directors (as applicable); 16.