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Hire-purchase Regulation 1968

Hire-purchase Act
This reprint of this Statutory Instrument incorporates all amendments, if any, made before25 November 2006 and in force at  1 July 2001.

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Legislative Counsel
Dated 25 November 2006

INDEPENDENT STATE OF PAPUA NEW GUINEA.

Chapter 252.

Hire-purchase Regulation 1968

ARRANGEMENT OF SECTIONS.

Hire-purchase Regulation 1968

MADE under the Hire-purchase Act1966.

Dated                   200 .

1. VERIFICATION OF AUTHORITY BY SPOUSE.

A copy of an authority by the spouse of a hirer given for the purposes of Section 6(1)(d) of the Act shall be verified in writing, on the authority, in Form 1.

2. DECLARATION AS TO LEGAL DISABILITY OF SPOUSE.

A declaration by a hirer as to the legal disability of his spouse, for the purposes of Section 6(1)(e) of the Act, shall be made in writing in Form 2 before a Justice or a Commissioner for Oaths.

3. DECLARATION BY UNMARRIED HIRER.

A declaration by a hirer as to his not being married, for the purposes of Section 6(2)(b) of the Act, shall be in Form 3.

4. PRESCRIBED LANGUAGES.

Tok Pisin and Hiri Motu are prescribed languages for the purposes of Section 52(2) of the Act.

5. DECLARATION BY TRANSLATOR.

A declaration by the translator of a document under Section 52(3) of the Act shall be in Form 4.

6. ADVICE AS TO RIGHT TO TRANSLATION.

(1) A person who enters or holds himself out to be ready to enter into or negotiate, as an owner or as a dealer, hire-purchase agreements, as the whole or part of his ordinary business shall display in a conspicuous position on his business premises where he enters or holds himself out to be ready to enter or negotiate hire-purchase agreements a notice in Form 5–

(a) in clear and legible handwriting; or

(b) in printing in type of a size not smaller than the type known as ten-point Times.

(2) Before a written statement is given to a hirer under Section 5(1) of the Act, the person giving the statement shall–

(a) read to the hirer the provisions of Form 5; or

(b) hand to him a written notice in Form 5.

SCHEDULE 1

PAPUA NEW GUINEA.

Hire-purchase Act 1966.

Form 1 – Verification of Copy of Authority to Pledge Credit of Hirer and Spouse.

Act, Sec., 6(1)(d).Reg., Sec. 1. Form 1.

PAPUA NEW GUINEA.

Hire-purchase Act 1966.

Form 2 – Declaration by Hirer as to Legal Disability of Spouse.

Act, Sec., 6(1)(e). Form 2.Reg., Sec. 2.

PAPUA NEW GUINEA.

Hire-purchase Act 1966.

Form 3 – Declaration by Unmarried Hirer.

Act, Sec., 6(2)(b). Form 3.Reg., Sec., 3.

PAPUA NEW GUINEA.

Hire-purchase Act 1966.

Form 4 – Declaration by Translator of Prescribed Documents.

Act, Sec. 52(3). Form 4.Reg., Sec. 5.

PAPUA NEW GUINEA.

Hire-purchase Act 1966.

Form 5 – Notice to persons About to Enter Hire-purchase Agreements.

Reg., Sec. 6(2). Form 5.

Office of Legislative Counsel, PNG