Hire purchase Act 1975
These are some of the provisions on the Hire purchase Act 1975;
i. Declaration of cash price and hire purchase price.
ii. The right of the hirer to terminate the agreement.
iii. Right of possession.
iv. The statutory obligations of the owner are covered by the hire purchase Act.
v. The obligations of the owners.
vi. The hirer’s right in determining the terms of agreement.
vii. How payments will be effected etc.