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← Hire-Purchase Act 1969

Hire-Purchase Act 1969 s 14

s 14 Power of hirer to terminate hiring

14.—(1) The hirer of any goods comprised in a regulated agreement may terminate the hiring by returning the goods to the owner during ordinary business hours at the place at which the owner ordinarily carries on business or to the place specified for that purpose in the agreement. (2) Where the nature of the goods comprised in a regulated agreement or the facilities available at the place or places of business of the owner or the place specified in the agreement is or are such that it would be impracticable to return the goods to such a place, the hirer may terminate the hiring by returning the goods to any place agreed to by the parties to the agreement. (3) Where the parties fail to agree, the hirer who proposes to return the goods to the owner under this section may, subject to subsection (5), apply to a court for an order fixing the place to which the goods may be returned. (4) The court —(a) shall fix the place that is in its opinion reasonable having regard to all the circumstances surrounding the transaction; and (b) may order that, subject to the goods being returned to the owner, the hiring shall be terminated on such date as is specified in the order. (5) Notice of an application under subsection (3) shall be given to the owner by the hirer. (6) When a regulated agreement is terminated under this section, the owner is entitled to recover from the hirer —(a) the amount (if any) required to be paid in those circumstances under the agreement; or (b) the amount (if any) that the owner would have been entitled to recover if he had taken possession of the goods at the date of termination of the hiring, whichever is less.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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