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Afiq Zainal
Ozier Z. Khan
Haiqal Zarouq Khan
Section 2 of Hire Purchase Act
1967:
Hirer :
The person who takes or has taken goods from an owner under a hire-
purchase agreement and includes a person to whom the hirers rights or liabilities
under the agreement have passed by assignment or by operation of law
Rights of the Hirer
1. http://aculamemey.blogspot.my/2015/05/hire-
purchase.html
Obligations and Duties of The
Hirer
Can afford the instalment payments for Inform your banking institution of any change
the duration. of address.
Know rights and obligations so that you Insure the purchase after the first year and to
do not commit any actions leading to a update your banking institution within 14 days
breach. before the current policy expires.
Case: Credit Corp. (M) Bhd v Industrial
Finance Corp & others
The High Court decided that the agreement between the plaintiff and the first tenants
are subject to hire purchase and Hire Purchase Act 1967. Therefore, the ownership of
the car will not move to the tenant until he made the choice to buy a car that is by
paying all the instalments set and comply regulation hire purchase agreement.
http://angelalagu.blogspot.my/2016/04/duties-and-rights-
of-hirer.html
https://www.djetlawyer.com/obligations-parties-contract-
hire-purchase/
https://www.lawyerment.com/library/kb/Banking_and_Finan
ce/Credit_and_Loans/Hire_Purchases_Car_Loans/1312.htm
http://www.irishstatutebook.ie/eli/1946/act/16/enacted/en/
print#sec8