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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 November 2022 - onwards
  Version 2 of 2    

73L. Right to proportionate reduction in price or final termination of hire purchase agreement.

(1) This section applies where -

(a) the hirer has exercised his or her right under section 73I(1)(b) and -

(i) the owner has not completed the repair or the replacement of the goods or, where applicable, has not completed the repair or replacement in accordance with section 73K, or

(ii) the owner has refused to bring the goods into conformity with the hire-purchase agreement in accordance with section 73I(3),

(b) the goods are not in conformity with the hire-purchase agreement at the relevant time and the same or a different lack of conformity of the goods with the agreement becomes apparent despite the owner having attempted to bring the goods into conformity with the agreement,

(c) the goods are not in conformity with the hire-purchase agreement at the relevant time and the lack of conformity of the goods is of such a serious nature as to justify an immediate price reduction or the termination of the hire-purchase agreement, or

(d) the goods are not in conformity with the hire-purch

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