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HIRE-PURCHASE ACT (NORTHERN IRELAND) 1966 - SECT 51

51.(1) Where a hirer or buyer is liable to make payments in respect of

(a)two or more hire-purchase agreements, or

(b)two or more credit-sale agreements, or

(c)two or more conditional sale agreements, or

(d)one or more of each, or of any two, of the types of agreement mentioned in
paragraphs (a) to (c),

(2) The hirer or buyer may appropriate the sum in question

(a)in or towards the satisfaction of the sum due under any one of the
agreements, or

(b)in or towards the satisfaction of the sums due under any two or more of the
agreements in such proportion as he thinks fit.

(3) If the hirer or buyer fails to make any such appropriation, the payment
shall by virtue of this subsection be appropriated towards the satisfaction of
the sums due under the several agreements respectively in the proportions
which those sums bear to one another.

(4) The preceding provisions of this section shall have effect notwithstanding
any agreement to the contrary.

© 1966 Crown Copyright

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