Section 9
Section 9
At any time before the final payment has been made under a hire-purchase agreement the owner shall, within fourteen days after he has received a request in writing from the hirer, supply to the hirer a statement signed by the said person or his agent showing—
(a)
the amount paid to the owner by or on behalf of the hirer;
(b)
the amount which has become due under the agreement but remains unpaid;
(c)
the amount which is to become payable under the agreement; and
(d)
the amount derived from interest on overdue instalments:
Provided that an owner need not comply with such a request if he has sent the hirer a statement under this section within a period of three months immediately preceding the receipt of the request.
(2)
In the event of a failure without reasonable cause to comply with subsection (1) then, while the default continues—
(a)
the owner shall not be entitled to enforce—
(i)
the agreement against the hirer;
(ii)
any right to recover the goods from the hirer;
(iii)
any contract of guarantee relating to the agreement;
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(b)
any security given by the hirer in respect of money payable under the agreement or given by a guarantor in respect of money payable under such a contract of guarantee as aforesaid shall not be enforceable against the hirer or the guarantor by any holder thereof.
(3)
If the default aforesaid continues for a period of one month, the owner shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding one thousand ringgit.