Malaysia legislation

Section 19

of AKTA SEWA BELI (PINDAAN) 2026

Seksyen 19

Jadual Kelima kepada Akta ibu dipinda dengan menggantikan perenggan (b) dengan perenggan yang berikut:

“(b) if within twenty-one days, you give notice of intention to finalise the agreement and pay the balance due under the agreement and costs of the re-possession:

The owner’s estimate of the amount required to finalise the agreement is where in the hire-purchase agreement the terms charges are at a fixed or variable rate:

Total amount payable under the agreement

Less deposit and instalments paid

Balance due under agreement

Less surrender value of the contract of insurance

Add arrears of interest due on overdue interests

Add costs of re-possession

Storage, repair or maintenance

Total

”.

Sewa Beli (Pindaan)

13

Section 19 — AKTA SEWA BELI (PINDAAN) 2026 | mylaw.my