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HIRE-PURCHASE ACT (NORTHERN IRELAND) 1966 - SECT 30

General provisions.

30.(1) The provisions of subsection (2) or (as the case may be) subsection (3)
shall have effect where goods are let under a hire-purchase agreement, or are
agreed to be sold under a conditional sale agreement, and that agreement, or
any other agreement, provides that, on the occurrence of, or at a time to be
ascertained by reference to, one or more events referred to in the provision
in question,

(a)the hire-purchase agreement or conditional sale agreement, or (in the case
of a hire-purchase agreement) the bailment of the goods, shall terminate, or
shall be terminable, or the owner or seller shall have a right to recover
possession of the goods to which the hire-purchase agreement or
conditional sale agreement relates, or

(b)any sum shall become payable by the hirer or buyer or any guarantor, or any
liability of the hirer or buyer or any guarantor shall be increased or
accelerated, or

(c)any right of the hirer under the hire-purchase agreement or of the buyer
under the conditional sale agreement shall cease to be exercisable, or shall
be, or shall become liable to be, restricted or postponed.

(2) If the only event specified as mentioned in subsection (1) is the death of
the hirer or buyer, so much of the agreement as makes any such provision as is
mentioned in that subsection shall be void.

(3) If two or more events are so specified, and one of them is the death of
the hirer or buyer, so much of the agreement as makes any such provision shall
have effect as if any reference to the death of the hirer or buyer were
omitted.

(4) Without prejudice to the preceding provisions of this section, where

(a)goods are let under a hire-purchase agreement, or are agreed to be sold
under a conditional sale agreement, and

(b)that agreement, or any other agreement, contains any provision (whether
expressed as a provision that the hire-purchase agreement or
conditional sale agreement shall be personal to the hirer or buyer or
otherwise) which, if the hire-purchase agreement or the
conditional sale agreement is in force immediately before the death of the
hirer or buyer, would apart from this subsection have the effect of
terminating the last-mentioned agreement on the death of the hirer or buyer or
otherwise preventing the benefit of that agreement from being transmitted on
his death,

Provisions relating to death of hirer or buyer.

© 1966 Crown Copyright

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