Singapore legislation

Section 16

of Hire-Purchase Act 1969

Section 16

Owner to retain possession of goods repossessed for 7 business days

Amended by38/2004

Where an owner has taken possession of any goods, he shall not, without the written consent of the hirer, sell or dispose of the goods or part with possession of the goods —

(a)

until after the expiration of 7 business days after the date of the service on the hirer of the notice referred to in section 15(3); or

(b)

if notice under section 17(1)(a) has been given, until the time for payment or tender pursuant to that notice has expired,whichever is the later.