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HIRE-PURCHASE ACT (NORTHERN IRELAND) 1966 - SECT 5

5.(1) Where goods are let under a hire-purchase agreement, or are sold, or
agreed to be sold, under a credit-sale agreement or a
conditional sale agreement, then (subject to the exercise of any power of the
court under section 10) the owner or seller shall not be entitled to enforce
the agreement unless

(a)the agreement is signed by the hirer or buyer, and by or on behalf of all
other parties to the agreement, and

(b)the requirements of sections 6 and 7, and the requirements of section 8 or
(as the case may be) section 9, are complied with.

(2) Where by virtue of subsection (1) the owner or seller is not entitled to
enforce an agreement

(a)he shall not be entitled to enforce any contract of guarantee relating to
that agreement;

(b)no security given by the hirer or buyer in respect of money payable under
the agreement, or given by a guarantor in respect of money payable under a
contract of guarantee relating to the agreement, shall be enforceable against
the hirer or buyer or against the guarantor, as the case may be, by the holder
of such a security; and

(c)if it is a hire-purchase agreement or a conditional sale agreement, the
owner or seller shall not be entitled to enforce any right to recover the
goods from the hirer or buyer.

© 1966 Crown Copyright

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