The Hire-Purchase Act 1967 (Malay: Akta Sewa Beli 1967), is a Malaysian law which enacted to regulate the form and contents of hire-purchase agreements, the rights and duties of parties to such agreements and to make provisions for other matters connected therewith and incidental thereto.
| Hire-Purchase Act 1967 | |
|---|---|
 | |
| Parliament of Malaysia | |
| |
| Citation | Act 212 |
| Territorial extent | Throughout Malaysia |
| Passed by | Dewan Rakyat |
| Passed | 1 March 1967 |
| Enacted | 1967 (Act No. 24 of 1967] Revised: 1978 (Act 212 w.e.f 15 November 1978) |
| Passed by | Dewan Negara |
| Passed | 11 March 1967 |
| Effective | [11 April 1968, P.U. (B) 150/1968] |
| Legislative history | |
| First chamber: Dewan Rakyat | |
| Bill title | Hire-Purchase Bill 1967 |
| Introduced by | Lim Swee Aun, Minister of Commerce and Industry |
| First reading | 24 January 1967 |
| Second reading | 1 March 1967 |
| Third reading | 1 March 1967 |
| Second chamber: Dewan Negara | |
| Bill title | Hire-Purchase Bill 1967 |
| Member(s) in charge | T. H. Tan, Senator |
| First reading | 6 March 1967 |
| Second reading | 11 March 1967 |
| Third reading | 11 March 1967 |
| Amended by | |
| Hire-Purchase (Amendment) Act 1968 [Act 4/1968] Hire-Purchase (Amendment) Act 1969 [Act A20] Malaysian Currency (Ringgit) Act 1975 [Act 160] Hire-Purchase (Amendment) Act 1976 [Act A332] Hire-Purchase Order 1980 [P.U. (A) 221/1980] Hire-Purchase (Amendment of First Schedule) Order 1983 [P.U. (A) 149/1983] Hire-Purchase (Amendment) Act 1992 [Act A813] Hire-Purchase (Amendment) Act 2004 [Act A1234] Hire-Purchase (Amendment of Schedule) Order 2005 [P.U. (A) 163/2005] Hire-Purchase (Amendment) Act 2010 [Act A1384] | |
| Related legislation | |
| Bills of Sale Ordinance 1950 of the States of Malaya [F.M. No. 30 of 1950] Bills of Sale Ordinance of Sabah [Cap. 14] Bills of Sale Ordinance of Sarawak [Cap. 68] | |
| Status: In force | |
Structure
editThe Hire-Purchase Act 1967, in its current form (30 July 2012), consists of 9 Parts containing 58 sections and 7 schedules (including 10 amendments).
- Part I: Preliminary
- Part II: Formation and Contents of Hire-Purchase Agreements
- Part IIA: Option to Hirer
- Part III: Protection of Hirers and Guarantors
- Warranties and Conditions
- Part IV: Hirers
- Statutory rights of hirers
- Part V: Guarantors
- Part VI: Insurance
- Part VII: General
- Part VIII: Powers of Enforcement
- Part IX: Regulations, etc.
- Schedules
References
editExternal links
edit- Hire-Purchase Act 1967
This article incorporates text from this source, which is in the public domain.
