Hire-Purchase Act 1969 · 2020 Revised Edition · Part 7 · General
33. Avoidance of certain provisions
Feedback & supportAny provision in any regulated agreement whereby —
regulated agreement
“regulated agreement” means a hire-purchase agreement or a conditional sale agreement which relates to the goods specified in the First Schedule, but does not include any agreement in which the hirer is engaged in the trade or business of selling goods of the same nature or description as the goods comprised in the agreement;
any right conferred on the hirer by this Act to determine a regulated agreement is excluded or restricted;
hirer
“hirer” means the person who takes or has taken goods from an owner under a hire‑purchase agreement or a conditional sale agreement and includes a person to whom the hirer’s rights or liabilities under the agreement have passed by assignment or by operation of law;
the hirer is subject to any greater liability on the determination, in any manner, of the regulated agreement or of the bailment under the regulated agreement, than the liability to which he would be subject if the regulated agreement were determined in accordance with this Act;
the hirer is required to pay interest on any overdue instalment at a rate per annum exceeding that as may be prescribed by the Minister by notification in the Gazette;
the owner is relieved from liability for the acts or defaults of any person acting in connection with or in the course of the negotiations leading to the entering into of the regulated agreement;
owner
“owner” means a person by whom goods are bailed to a hirer under a hire‑purchase agreement or a conditional sale agreement and includes a person whom the owner’s rights or liabilities under the agreement have passed by assignment or by operation of law;
the owner or any person acting on his behalf is authorised to enter upon any premises for the purpose of taking possession of goods comprised in a regulated agreement otherwise than in accordance with the provisions of this Act or is relieved from liability for any such entry;
goods
“goods” includes any replacement or renewal by the hirer of any part or parts of any goods and any accessory added or addition made to any goods by the hirer during the period of the hiring;
the operation of the regulated agreement is determined or modified or any person is authorised to repossess any goods comprised in a regulated agreement if the hirer becomes bankrupt or executes a deed of assignment or a deed of arrangement (whether all or any of those events are named); or
except as expressly provided by this Act, the operation of any provision of this Act is excluded, modified or restricted,shall be void and of no effect.