Webb15 juli 2024 · Hire purchase is acquisition of assets on credit on credit and settlement of which is made through regular installments payments. its the provision of finance for assets or equipment which is repaid by instalments over a period of time in accordance with the contractual agreement which is entered into from the out-set. WebbAn Act to amend the law relating to hire-purchase and credit-sale, and, in relation thereto, to amend the enactments relating to the sale of goods; to make provision with respect …

OVERVIEW OF WITHHOLDING TAX IN NIGERIA

Webb1 THE IMPACT OF HIRE PURCHASE ACT 1965 ON CONSUMER CREDIT By: Dr. Jacob Otu Enyia* ABSTRACT Hire purchase had been known in this country (Nigeria) for several years but until recently Webb14 feb. 2024 · Contents of hire-purchase agreements under Section 4 of the Hire-Purchase Act Every hire-purchase agreement needs to state the followings – The price of the goods to be hired as agreed by the parties. The said cash price of the goods, at which the goods are to be purchased by the hirer for cash. updm at a glance

Repossession of Hire-Purchase Goods in Nigeria under the Hire …

Webb20 maj 2010 · This paper is an exposé on the legislation regulating hire-purchase transactions in Nigeria. The nature of hire-purchase transactions and their benefits to … Webb1 sep. 2024 · Adebisi I. Raimi, Lecturer faculty of law Obafemi awolowo University, Ile-Ife Nigeria in his work The Right of the owner to recover possession of the hired goods from the hirer under the Hire purchase act 1965: A right in existence or in Extinction, cited initially the Supreme court case of Omoijunafor v. WebbThe main purpose of enacting the Hire Purchase Act is to regulate the hire purchase transactions which have hitherto been executed under the ordinary law of contract, and under which some owners have exploited … recycling centre blanchardstown