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Requirements relating to credit-sale agreements

Cap. 292, s. 6 · Revised Edition 2020

Before making any credit-sale agreement under which the total purchase price exceeds twenty-five dollars, the seller shall comply with the requirements specified in sections 4 and 5 of this Act, other than the provisions of section 5 (1) (c) of this Act, and the provisions of the said sections shall apply with reference to such a credit-sale agreement in like manner as they apply to a hire-purchase agreement, references therein to “hire-purchase agreement”, “owner” and “hirer”, being construed respectively in respect of such a credit-sale agreement as references to “credit-sale agreement”, “seller” and “buyer”. terminate hire- purchase
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