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Section 6C

Right of hirer where the base lending rate is revised

of Hire - Purchase Act 1967

ActIn forceProvision 16 of 91
Section 6C

Where the owner has revised the base lending rate, the hirer may opt whether—

(a)

to retain the existing number of instalments and vary the amount of instalments; or

(b)

to retain the existing amount of instalments and vary the number of instalments.