Section 35

a bill of exchange or promissory note has been given by a hirer or guarantor under a hire-purchase agreement to

54 Laws of Malaysia ACT 212

the owner in respect of an amount payable under the agreement; and

the payment in due course of the bill of exchange or promissory note would, by virtue of the operation of any provision of this Act or otherwise, result in payment of an amount in excess of the liability of the hirer under the agreement, the owner is liable to indemnify the hirer or guarantor, as the case may be, in respect of the amount of the excess.

False statement by dealers, etc., in proposals