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HIRE-PURCHASE ACT 1959 - SECT 1A

1A .         Application of Act

        (1)         Subject to section 1(5), this Act applies to and in relation to a hire-purchase agreement, and any agreement made in relation to a hire-purchase agreement, that have effect immediately before the day on which section 38 of the Acts Amendment and Repeal (Competition Policy) Act 2003 comes into operation 1 .

        (2)         Subject to this section, this Act does not apply to or in relation to an exempt hire-purchase agreement.

        (3)         Section 2 applies to and in relation to an exempt hire-purchase agreement as if, in subsection (2)(c) of that section, “in section 12A and” and “under section 12” were deleted.

        (4)         For the purposes of, and subject to, section 25, section 13(1) and (2) apply to and in relation to an exempt hire-purchase agreement as if “ section 12A or” in section 13(2) were deleted.

        (5)         Section 15(1) (except paragraph (a)), (2), (3) and (6) and section 17 apply to and in relation to an exempt hire-purchase agreement.

        (6)         Section 24 applies to and in relation to an exempt hire-purchase agreement as if —

            (a)         subsection (6)(a); and

            (b)         in subsection (6)(b) “in any other case — ”,

                were deleted.

        (7)         Section 25 applies to and in relation to an exempt hire-purchase agreement.

        (8)         For the purposes of subsections (4) and (7), the Third Schedule has effect in relation to an exempt hire-purchase agreement.

        (9)         In this section —

        exempt hire-purchase agreement means a hire-purchase agreement, and any agreement made in relation to a hire-purchase agreement, entered into on or after the day referred to in subsection (1).

        [Section 1A inserted: No. 70 of 2003 s. 38.]



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