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PART II.
Control of Hire-Purchase, Credit-Sale and Letting of Goods.
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Control of hire-purchase, credit-sale and letting of goods.
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6.—(1) The Minister may by order provide for the regulation and control of the letting, whether under hire-purchase agreements or otherwise, and the selling by credit-sale agreements of goods or of any class or description of goods.
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(2) Without prejudice to the generality of the foregoing or to anything in the Principal Act, an order under this section may provide for—
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(a) the form of the agreements referred to in subsection (1) of this section,
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(b) the minimum deposit to be paid by a buyer or hirer,
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(c) the maximum period of payment, and the amount and frequency of instalments or rentals,
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(d) the information to be given in any visual advertisement or visual announcement published or made in any form or manner whatsoever relating to goods for sale by way of hire-purchase or credit-sale agreement regarding the terms upon which the goods will be sold,
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(e) the inclusion in any such advertisement or announcement of a statement of the price at which the goods will be sold for cash.
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(3) An order under this section may also provide that a person who sells or lets goods to which the order applies shall not be entitled to enforce any agreement for such sale or letting or any right to recover the goods unless specified provisions of the order are complied with.
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(4) The Minister may by order amend or revoke an order under this section.
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(5) An order under any provision of this section (except in relation to paragraph (d) or (e) of subsection (2) of this section) shall be made only after consultation with the Minister for Finance.
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