Singapore legislation
Schedule 2
Schedule 2
Summary of Financial Obligations under Proposed Hire-Purchase Agreement Relating to 1................1 Insert short description of goods.
SECOND SCHEDULE(Section 3).Summary of Financial Obligations under Proposed Hire-Purchase Agreement Relating to 1................1 Insert short description of goods.The cash price of goods is $............(a) The terms charges are2 and represent a rate per centum per annum not exceeding ..............................%2 Insert, where the proposed agreement is an agreement to which section 29(1) of the Act applies, a rate per centum per annum obtained by calculating the terms charges in accordance with the formula set out in the Sixth Schedule to the Act. $............(b) Other charges are —
For insurance for ............... years $............ (ii) For freight, vehicle registration, etc. $............ $............The total amount you will have to pay (including deposit of $............) is $............The difference between the cash price of goods and the total amount you will have to pay is therefore $............Your instalments under the proposed agreement will be 3..................................................................3 ‡ Insert number, amount and intervals of instalments. Note.—The sequence of any item or items in the group of items marked “( a)” may be altered in relation to any other item or items in that group, but the sequence of that group shall not be altered in relation to the items not marked “( a)”.