Act 212 Hire Purchase Act 1967

LAWS OF MALAYSIA
ONLINE VERSION OF UPDATED
TEXT OF REPRINT

Act 212

HIRE-PURCHASE ACT 1967
As at 30 July 2012

2

HIRE-PURCHASE ACT 1967

First enacted

…

…

…

…

1967 (Act No. 24 of
1967]

Revised

…

…

…

…

1978 (Act 212 w.e.f
15 November 1978)

Latest amendment made by
Act A1384 which came into operation on
… …

…

…

15 June 2011

PREVIOUS REPRINTS
First Reprint…

…

…

… …

2001

Second Reprint…

…

…

… …

2006

3
LAWS OF MALAYSIA
Act 212
HIRE-PURCHASE ACT 967
ARRANGEMENT OF SECTIONS

PART I
PRELIMINARY
Section

1.

Short title and application

2.

Interpretation

3.

Appointment of officers
PART II
FORMATION AND CONTENTS OF HIRE-PURCHASE
AGREEMENTS

4.

Requirements relating to hire-purchase agreements

4A.

Hire-purchase agreement to be in writing

4B.

Hire-purchase agreement to be signed, etc.

4 C.

Contents of hire-purchase agreement

4 D.

Separate agreement for every item of goods

4E.

Motor vehicle registration certificate

4F.

Altered or modified motor vehicle

4G.

Declaration on second-hand motor vehicle

5.

Copy of documents to be served on hirer

6.

(Deleted)
PART IIA
OPTION TO HIRER

6A.

Option to hirer

6B.

Right of owner to revise the base lending rate

4

Laws of Malaysia

ACT 212

Section

6 C.

Right of hirer where the base lending rate is revised

PART III
PROTECTION OF HIRERS AND GUARANTORS
Warranties and Conditions
7.

Conditions and warranties to be implied in every hire-purchase agreement

8.

Liability of the misrepresentation owner

and

person

acting

on

his

behalf

for

PART IV
HIRERS
Statutory rights of hirers
9.

Duty of owners and sellers to supply documents and information

10.

Appropriation of payments made in hire-purchase agreements

11.

Power of court to allow goods to be removed

12.

Assignments of rights under hire-purchase agreement

13.

Operation of law

14.

Early completion of agreement

15.

Power of hirer to determine hiring

16.

Notices to be given to hirer when goods repossessed

16A.
17.