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CONSUMER PROTECTION ACT (NORTHERN IRELAND) 1965 - SECT 5

Interpretation.

5. In this Act the following expressions have the following meanings:

"component part" includes an accessory;

["conditional sale agreement" means an agreement for the sale of goods under
which the purchase price or part of it is payable by instalments, and the
property in the goods is to remain in the seller (notwithstanding that the
buyer is to be in possession of the goods) until such conditions as to the
payment of instalments or otherwise as may be specified in the agreement are
fulfilled;]

["credit-sale agreement" means an agreement for the sale of goods under which
the whole or part of the purchase price is payable by instalments;]

["credit sale agreement" means an agreement for the sale of goods, under which
the purchase price or part of it is payable by instalments, but which is not a
conditional sale agreement;]

["hire agreement" means an agreement for the bailment of goods which is not a
hire-purchase agreement;]

["hire-purchase agreement" has the same meaning as in the [Hire Purchase Act
(Northern Ireland) 1966];]

["hire-purchase agreement" means an agreement, other than a
conditional sale agreement, under which

(a)goods are bailed in return for periodical payments by the person to whom
they are bailed, and

(b)the property in the goods will pass to that person if the terms of the
agreement are complied with and one or more of the following occurs

(i)the exercise of an option to purchase by that person,

(ii)the doing of any other specified act by any party to the agreement,

(iii)the happening of any other specified event:]

"personal injury" includes disease or disability;

"prescribed" means prescribed by regulations under section 1.


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© 1965 Crown Copyright

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