CHAPTER 14
HIRE PURCHASE ACT

[SUBSIDIARY LEGISLATION]

INDEX TO SUBSIDIARY LEGISLATION

   RULES

      The Hire Purchase Rules

RULES

THE HIRE PURCHASE RULES

(Section 29)

[1st November, 1966]

G.Ns. Nos.
310 of 1966
327 of 1966

1.   Citation

   These Rules may be cited as the Hire Purchase Rules.

2.   Legal requirements

   Every hire purchase agreement required to be registered by the Hire Purchase Act *, shall–

   (a)   be printed or typed on foolscap paper with a one-inch margin and headed "Hire Purchase Agreement";

   (b)   have the hire purchase price written in words as well as in figures;

   (c)   specify the cash price of the goods subject to the agreement;

   (d)   contain a detailed description of the goods subject to the agreement;

   (e)   where there is a contract of guarantee related to the hire purchase agreement, specify the full names and addresses of the guarantors;

   (f)   where the agreement is made in a language other than Kiswahili, be accompanied by a true and correct Kiswahili translation of the agreement;

   (g)   contain a statement that the agreement is subject to the Hire Purchase Act; and

   (h)   where necessary, be duly stamped in accordance with the provisions of the Stamp Duty Act *.

3.   Fees

   The fees specified in the First Schedule to these Rules shall be payable on registration of a hire purchase agreement.

4.   Forms

   The forms in the Second Schedule to these Rules, where applicable, and where they are not applicable forms of a like character with such variation as circumstances may require, shall be used.

FIRST SCHEDULE
FEES

(Rule 3)

   Hire Purchase Price

Fees

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