Report No. 20
Chapter V
Rights and Obligations of the Owner
16. Right of owner to terminate hire-purchase agreement for default in payment of hire or unauthorised act or breach of express conditions.-
Where the hirer-
(a) makes default in the payment of hire as provided in the hire-purchase agreement; or
(b) does any act with regard to the goods to which the agreement relates which is inconsistent with any of the terms of the agreement; or
[As to (b) see section 153, I.C.A.]
(c) breaks an express condition which provides that, on the breach thereof, the owner may terminate the agreement;
[As to (c) see section III(g), Transfer of Property Act]
the owner shall, subject to the provisions of sections 19 and 20, be entitled to terminate the agreement by giving to the hirer notice of termination in writing.