Hire-Purchase Act
21. Where renewal of licence refused
21. Where renewal of licence refused
Where the holder of a licence applies for and is refused a new licence, or where a person who immediately before the commencement of this Act was carrying on hire-purchase business applies before the appointed day for and is refused a licence, he may, notwithstanding section 18 of this Act, continue to carry on hire- purchase business so long and so far only as is necessary to complete existing hire-purchase agreements and wind up the business, and may not enter into any new hire-purchase agreements.Source: Kenya Law