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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 13 May 1996 - onwards
  Version 3 of 3    

Schedule - Notice to be Included in Note or Memorandum of Hire-Purchase Agreement.

Repealed from 13 May 1996

Section 3.

NOTICE.

Right of Hirer to Terminate Agreement.

1. The hirer may put an end to this agreement by giving notice of termination in writing to any person who is entitled to collect or receive the hire-rent.

2. He must then pay any instalments which are in arrear at the time when he gives notice. If, when he has paid those instalments, the total amount which he has paid under the agreement is less than (here insert the minimum amount which the hirer is required to pay in accordance with the provisions of sections 5 and 19 of this Act) he must also pay enough to make up that sum.

3. If the goods have been damaged owing to the hirer having failed to take reasonable care of them, the owner may sue him for the amount of the damage unless that amount can be agreed between the hirer and the owner.

4. The hirer should see whether this agreement contains provisions allowing him to put an end to the agreement on terms more favourable to him than those just mentioned. If it does, he m

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