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Hire Purchase Agreement - Coggle Diagram
Hire Purchase Agreement
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Agreement in signed
Section 4B (1)
- a hire purchase agreement shall be signed by or on behalf of all parties to the agreement
Section 4B (2)
- agreement can only be signed when all the forms, documents or agreements have been fully completed.
Section 4B (3)
- If agreement is not signed or is signed without having being completed, the agreement shall be void
Section 4B (4)
Owner/dealer who fails to sign the agreement or who requires the hirer to sign an incomplete agreement shall be guilty of an offence under Section 46
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Agreement in writing
Section 4A (2)
- Failure to do so will render the agreement as void
Section 4A(3)
- Owner would be guilty of an offence under the Act as provided under Section 46
Section 4A(1)
- Agreement shall be in writing
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