ABSTRACT

Decision The Court of Appeal held that a hire purchase agreement could not be described as credit facilities because, on making a hire purchase agreement, the company did not give any credit to the hirer, but merely the option to purchase on paying all the instalments, or to terminate the agreement at any time. Therefore, the indictment was wrong. Per curiam: obtaining a hire purchase agreement did fall within the definition of services in s 1 of the TA 1978.