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HIRE-PURCHASE ACT (NORTHERN IRELAND) 1966 - SECT 47

Application of ss.35 to 44 to conditional sale agreements.

47.(1) The provisions of this section shall have effect where

(a)goods have been let under a hire-purchase agreement, and, at any time after
one-third of the hire-purchase price has been paid or tendered, the owner
makes a further hire-purchase agreement with the hirer, or, as seller, makes a
conditional sale agreement with the hirer as buyer, or

(b)goods have been agreed to be sold under a conditional sale agreement, and,
at any time after one-third of the total purchase price has been paid or
tendered, the seller makes a further conditional sale agreement with the
buyer, or, as owner, makes a hire-purchase agreement with the buyer as hirer,

(2) In any case falling within subsection (1), section 33 shall have effect in
relation to the subsequent agreement as if paragraph (b) of subsection (1) of
that section were omitted.

© 1966 Crown Copyright

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