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In force2024 Revised Edition
Contents

Part · General

35. False statement by dealers etc. in proposals

Where —

(a)

a dealer or a person on behalf of a dealer, an agent or a person on behalf of an owner prepares or causes to be prepared a hire-purchase agreement or offer in writing that, if accepted, will constitute a hire-purchase agreement with the intention of bringing about a contractual relationship between an owner and a hirer; and

Hire-Purchase

(b)

the agreement or offer contains to the knowledge of the dealer or a person on behalf of the dealer, agent or person acting on behalf of the owner, as the case may be, a false statement or representation that is false in any material particular, the dealer or a person on behalf of the dealer, agent or person acting on behalf of the owner is guilty of an offence and liable on conviction to a fine not exceeding $5,000, imprisonment for a term not exceeding 12 months or both.

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