Consumer Credit Act 1974

46 In section 2, for subsections (5) and (6) substitute—

“(5) If as respects goods of any class or description regulations under section 1 so provide, subsections (1) to (3) (other than subsection 3(d) and (e)) shall apply subject to subsection (6) in relation to goods of that class or description as if—

(a) references to selling or to a sale included references to—

(i) bailing under a hire-purchase agreement, or

(ii) bailing under a hire agreement, or

(iii) an agreement to sell under a conditional sale agreement; and

(b) the reference to a sale under a credit-sale agreement were a reference—

(i) to a bailment under a hire-purchase agreement, or

(ii) to an agreement to sell under a conditional sale agreement.

(6) Subsections (1) and (2) shall not apply—

(a) in a case of bailment under a hire agreement, where the bailment is incidental to an agreement under which payments are to be made in the form of rent issuing out of land ;

(b) in a case of possession for the purpose of bailment under a hire agreement, where possession is for the purpose of a bailment which is incidental to an agreement under which payments are to be made in the form of rent issuing out of land ;

(c) in any case of bailment under a hire agreement, where the bailment was lawful at the time when it began.”