Schedule 5

if, within fourteen days, you require the owner, by notice in writing signed by you or your agent, to re-deliver the goods to you and if, within fourteen days after giving the notice, you reinstate the agreement by paying the arrears and remedy the following breaches of the agreement (or pay the owner’s expenses in remedying them): —The owner’s estimate of the amount you must pay to reinstate the agreement is —Arrears of instalments $............Cost of storage, repair or maintenance $............Cost of re-possession $............Cost of re-delivery $............Total $ or

if, within fourteen days, you give notice of intention to finalise the agreement and pay the balance due under the agreement and cost of the re-possession:The owner’s estimate of the amount required to finalise the agreement is —Total amount payable under the agreement $............Less deposit and instalments paid $............Balance due under agreement $............Less statutory rebates $............Add costs of re-possession $............Storage, repair or maintenance $............Total $If you do not reinstate or finalise the agreement you will be liable for the owner’s loss unless the value of the goods re-possessed is sufficient to cover your liability. If the value of the goods is more than sufficient to cover your liability you will be entitled to a refund.The owner’s estimate of the value of the goods re-possessed is $............5On the basis of that estimate you are entitled to a refund of5 Strike out whichever inapplicable. $............You are liable to pay the owner $............Note.—You may give a written notice to the owner requiring the owner to sell the goods to any cash buyer you can introduce who is willing to pay the owner’s estimate of the value, i.e., 66 Insert owner’s estimate of value.Do Not DelayAction to enforce your rights should be taken at once. You will lose your rights twenty-one days after the service or posting of this notice if you do not take action.Note.—Where this notice is sent to a guarantor it shall be endorsed as follows: —This notice is sent to you as guarantor of.As guarantor you have certain rights under the Hire-Purchase Act, 1968, and you are advised to seek advice at once.