← belizelaw.ai · Hire-Purchase, Cap. 292 · PART III — Terms and Conditions of Hire-Purchase Agreement

Special provisions as to installation charges

Cap. 292, s. 21 · Revised Edition 2020

(1) Where under any hire-purchase agreement made after the commencement of this Act the owner is required to carry out any installation, and the note or memorandum of the agreement specifies as part of the hire-purchase price the amount to be paid in respect of the installation, the references in section 7 of this Act to one-half of the-hire-purchase price and in sections 14, 15 and 18 of this Act to one-third of the hire-purchase price shall be construed as references to the aggregate of the said amount and either one-half of the remainder of the hire-purchase price or one-third of the remainder of the hire-purchase price, as the case may be. (2) For the purpose of this section, the expression “installation” means, 21 (a) the installing of any electric line or water pipe; (b) the fixing of goods to which the agreement relates to the premises where they are to be used, and the alteration of premises to enable any such goods to be used thereon; and (c) where it is reasonably necessary that any such goods should be constructed or erected on the premises where they are to be used, any work carried out for the purpose of such construction or erection. 22 SCHEDULE HIRE-PURCHASE ACT Notice in the Note or Memorandum of Hire-Purchase Agreement [Section 5 (1) (c)] NOTICE Right of Hirer to Terminate Agreement 1. The hirer may put an end to this Agreement by giving notice of termination in writing to any person who is entitled to collect or receive the hire-rent. 2. He must then pay any instalments which are in arrear at the time when he gives notice and if, when he has paid those instalments, the total amount which he has paid under the agreement is less than (here insert the minimum amount which the hirer is required to pay in accordance with the provisions of sections 7 and 21 of this Act) he must also pay enough to make up that sum. 3. If the goods have been damaged owing to the hirer having failed to take reasonable care of them, the owner may sue him for the amount of the damage unless that amount can be agreed between the hirer and the owner. 4. The hirer should see whether this Agreement contains provisions allowing him to put an end to the Agreement on terms more favourable to him than those just mentioned. If it does, he may put an end to the Agreement on those terms. Hire-Purchase 23 Restriction of Owner’s Right to Recover Goods 1. *[After (here insert an amount calculated in accordance with the provisions of sections 14 and 21 of this Act) has been paid, then] unless the hirer has himself put an end to the Agreement, the owner of the goods cannot take them back from the hirer without the hirer’s consent unless the owner obtains an order of the court. 2. If the owner applies to the court for such an order, the court may, if the court thinks it just to do so, allow the hirer to keep either, (a) the whole of the goods, on condition that the hirer pays the balance of the price in the manner ordered by the court; or (b) a fair proportion of the goods, having regard to what the hirer has already paid. *If the Agreement is a subsequent Agreement within the meaning of section 18 of this Act, the words in square brackets should be omitted.
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