[Home] [Databases] [World Law] [Search] [Feedback] | ||
Northern Irish Legislation |
||
You are here: BAILII >> Databases >> Northern Irish Legislation >> HIRE-PURCHASE ACT (NORTHERN IRELAND) 1966 |
[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]
31.(1) Where a person has made an offer to enter into a hire-purchase agreement, a credit-sale agreement or a conditional sale agreement, in a case not falling within section 11(1), and wishes to withdraw that offer before it is accepted, any person who conducted any antecedent negotiations shall be deemed to be the agent of any other person concerned for the purpose of receiving notice that the offer is withdrawn. (2) Where the hirer or buyer under a hire-purchase agreement, a credit-sale agreement or a conditional sale agreement claims to have a right to rescind the agreement, any person who conducted any antecedent negotiations shall be deemed to be the agent of the owner or seller for the purpose of receiving any notice rescinding the agreement which is served by the hirer or buyer. (3) In subsection (1) "other person concerned", in relation to an offer, means any person who would be in a position to accept the offer if it were not withdrawn; and in subsection (2) "rescind" does not include (a)the service of a notice of cancellation, or (b)the termination of an agreement under section 27, or by the exercise of a right or power in that behalf expressly conferred by the agreement. (4) The preceding provisions of this section shall have effect without prejudice to the operation of section 12(3). (5) Section 2(4) applies to this section.
© 1966 Crown Copyright
BAILII:
Copyright Policy |
Disclaimers |
Privacy Policy |
Feedback
URL: http://www.bailii.org/nie/legis/num_act/hai1966300/s31.html