Section 631: Termination of contract by paying installment

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1) Except as otherwise provided for in the hire-purchase contract, the hirer may, during the currency of the contract, terminate the contract by making payment of the hire-purchase price of the goods or outstanding installment, and giving an advance written notice of at least fifteen days to the owner of the goods.

2) While terminating the contract pursuant to sub-section (1), the hirer shall also be entitled to the discount of any kind, if any.

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Section 631: Termination of contract by paying installment

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