Moratorium Act 1932
24Definitions
Start here
Get a plain-English read of 24
Turn the raw legal text into a practical explanation grounded in Moratorium Act 1932.
24 Definitions
24 Definitions
(cf Act No 48, 1930, s 20 (8))
In this Division—
Hirer means a purchaser or lessee of goods under a hire-purchase agreement, whether such purchaser or lessee is described as hirer, purchaser, lessee, or otherwise; and includes any person deriving title under or through a hirer.
Vendor means a person who has disposed of goods under a hire-purchase agreement whether such person is described as vendor, owner, lessor, or otherwise; and except in subsection three of section twenty-seven includes any person deriving title under or through a vendor to his interest in such goods.