Sri Lanka Consolidated Acts

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Consumer Credit Act (No. 29 of 1982) - Sect 22

Application of sections 20 and 21 to successive hire-purchase agreements between same parties

22. Where goods have been let under a hire-purchase agreement and, at any time after seventy-five per centum of the hire purchase price has been paid or tendered, the owner makes a further hire-purchase agreement with the hirer comprising those goods, the provisions of sections 20 and 21 shall have effect in respect of the further agreement from its commencement.


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