ADVOKS GLOBAL · KENYA
Hire-Purchase Act
27. Hirer may require information
Edition: 2022-12-31 · In force
27. Hirer may require information
(1)If a hirer hands or sends by registered post to the owner a written request therefor, and tenders to the owner a sum of ten shillings for expenses, the owner shall, within fourteen days after the request and tender are received by him, hand or send by registered post to the hirer a statement signed by or on behalf of the owner showing—(a)the total of the payments made under the agreement by or on behalf of the hirer, and the date of each payment;(b)the total amount due under the agreement and unpaid, and the amount of each unpaid instalment and the date on which it became due; and(c)the total amount which is to become due under the agreement, the amount of each instalment which is to become due and the date (or the mode of determining the date) upon which it is to become due.(2)If the owner fails without reasonable cause to comply with a request made under subsection (1), then while the default continues—(a)no person shall be entitled to enforce the agreement against the hirer or to enforce any contract of guarantee relating to the agreement, and the owner shall not be entitled to enforce any right to recover possession of the goods from the hirer; and(b)no security given by the hirer in respect of money payable under the agreement or given by a guarantor in respect of money payable under a contract of guarantee shall be enforceable by any holder thereof against the hirer or guarantor, as the case may be, and if the default continues for a period exceeding thirty days the owner shall be guilty of an offence and liable to a fine not exceeding five hundred shillings.