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Consumer Credit Act 1974
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- UK Public General Acts
- 1974 c. 39
- SCHEDULE 4
- PART I
- Factors Act 1889
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[1889 c. 45.] Factors Act 1889
2At the end of section 9 insert—
“For the purposes of this section—
(i)the buyer under a conditional sale agreement shall be deemed not to be a person who has bought or agreed to buy goods, and
(ii)" conditional sale agreement" means an agreement for the sale of goods which is a consumer credit agreement within the meaning of the Consumer Credit Act 1974 under which the purchase price or part of it is payable by instalments, and the property in the goods is to remain in the seller (notwithstanding that the buyer is to be in possession of the goods) until such conditions as to the payment of instalments or otherwise as may be specified in the agreement are fulfilled.”
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