HIRE-PURCHASE: SUBSIDIARY LEGISLATION
INDEX TO SUBSIDIARY LEGISLATION
(under section 7(1))
(9th May, 1963)
ARRANGEMENT OF PARAGRAPHS
2. Prescription of minimum deposit
3. Period of repayment of purchase price
G.N. 66, 1963.
This Order may be cited as the Hire Purchase (Minimum Deposit and Maximum Period of Repayment) Order.
On the sale of movables of the class or group set out in the Schedule hereto at least that portion of the purchase price indicated in column I of the Schedule shall be paid in cash or goods at the time the agreement is entered into.
The period within which the full purchase price is payable shall not exceed the period indicated in column 2 of the Schedule referred to in paragraph 2.
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