Section 34

any right conferred on the hirer by this Act to determine a hire-purchase agreement is excluded or restricted;

the hirer is subject to any greater liability on the determination, in any manner whatsoever, of the hire-purchase agreement or of the bailment thereunder, than the liability to which he would be subject if the hire-purchase agreement were determined in accordance with this Act;

the hirer is required to pay interest on any overdue instalments at a rate exceeding eight per centum per annum under hire-purchase agreement which provides for terms charges at a fixed rate or, two

Hire-Purchase 53

per centum above the prevailing rate of terms charges, under a hire-purchase agreement which provides for terms charges at a variable rate, simple interest calculated on a daily basis or such other rate of interest as may be prescribed;

the owner is relieved from liability for the acts or defaults of any person acting in connection with or in the course of the negotiations leading to the entering into the hire-purchase agreement;

the owner or any person acting on his behalf is authorized to enter upon any premises for the purpose of taking possession of goods otherwise than in accordance with the provisions of this Act comprised in the hire-purchase agreement or is relieved from liability for any such entry;

the operation of the hire-purchase agreement is determined or modified or any person is authorized to re-possess any goods comprised in a hire-purchase agreement if the hirer becomes bankrupt or commits an act of bankruptcy or executes a deed of assignment or a deed of arrangement(whether all or any of those events are named); or

except as expressly provided by this Act, the operation of any provision of this Act is excluded, modified, or restricted, shall be void and of no effect.

Provisions relating to securities collateral to hire-purchase agreements