ABSTRACT
This chapter covers the termination of hire purchase agreements as well as other regulated agreements.
Checklist
The following topics should be prepared in advance of tackling the questions: • need for and effect of a default notice under s 87 of the Consumer Credit
Act 1974; • non-default notice under ss 76 and 98; • time orders under s 129 of the Consumer Credit Act; • liability of surety in relation to regulated agreements; • protected goods provision in s 90 of the Consumer Credit Act; • accelerated payments clauses; • hire purchase customers’ right of termination under s 99 of the
Consumer Credit Act; • claim by owner against a third party to whom a hire purchase customer
has sold or bailed the goods.
