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Restriction on orders transferring owner's title. 38.(1) While the operation of an order for the specific delivery of goods to the owner is postponed, the hirer shall, subject to the following provisions of this section, be deemed to be a bailee of the goods under and on the terms of the agreement. (2) No further sum shall be or become payable by the hirer or a guarantor on account of the unpaid balance of the hire-purchase price, except in accordance with the terms of the order. (3) The court may make such further modification of the terms of the agreement, and of any contract of guarantee relating thereto, as the court considers necessary having regard to the variation of the terms of payment. (4) If, while the operation of the order is postponed, the hirer or a guarantor fails to comply with any condition of the postponement, or with any term of the agreement as varied by the court, or wrongfully disposes of the goods, the owner shall not take any civil proceedings against the hirer or guarantor otherwise than by making an application to the court by which the order was made but, in the case of a breach of a condition relating to the payment of the unpaid balance of the hire-purchase price, it shall not be necessary for the owner to apply to the court for leave to execute the order unless the court has so directed. (5) When the unpaid balance of the hire-purchase price has been paid in accordance with the terms of the order, the owner's title to the goods shall vest in the hirer.
© 1966 Crown Copyright
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URL: http://www.bailii.org/nie/legis/num_act/hai1966300/s38.html