Sch SECOND Pt II para 6
In this Schedule the expression “ hire purchase agreement ” has the same meaning as in the Hire Purchase Act 1938; the expression “ mortgage ” includes any pledge, lien or other similar obligation, and the expression “ mortgagee ” shall be construed accordingly; and the expression “ owner ” means, in relation to any article, the person entitled to sell the article, it being assumed not to be subject to any mortgage.