Hire Purchase Act Cap 507 in Kenya

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Section 32 of Hire Purchase Act CAP 507: Service of notices

(1) Any notice or document required or authorized to be served on or given to an owner or hirer under this Act may be so served or given - (a) by delivering it to him personally; (b) by leaving it at his place of abode or business with some other person apparently a resident thereof or employed...

Section 32A of Hire Purchase Act CAP 507: Minister may determine interest rates etc.

(1) The Minister may, in consultation with the Central Bank of Kenya established under the Central Bank of Kenya Act (Cap. 491), determine and publish - (a) the matters to be taken into account in the computation of the hire purchase price and the amounts of the instalments by which the hire...

Section 33 of Hire Purchase Act CAP 507: Minister’s power to obtain information

(1) Every person carrying on hire-purchase business shall furnish to the Minister, at the prescribed time and in the prescribed manner, all such information as the Minister may reasonably require for the proper implementation of this Act. (2) Any person who fails or refuses to comply with a written...

Section 34 of Hire Purchase Act CAP 507: False information

Any person who knowingly gives false information in any proposal form or other document completed for the purpose of entering into a hire-purchase agreement shall be guilty of an offence and liable to a fine not exceeding five thousand shillings or to imprisonment for a term not exceeding six...

Section 35 of Hire Purchase Act CAP 507: Minister’s power to make rules

(1) The Minister may make rules generally for the better carrying out of any of the provisions or purposes of this Act. (2) Without prejudice to the generality of the powers conferred by subsection (1), rules thereunder may provide for all or any of the following matters - (a) anything which is to...

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