Consumer Hire Agreement
Legal definition for Indian law research
Definition
Consumer hire agreement, the vehicle and credit hire agreements restrict the hiring to a period not exceeding 12 weeks, the liability to pay under the credit hire agreement subsists for more than three months so these are consumer hire agreements, Burdis v. Livsey (CA), (2003) LR 36 QB.
Is an agreement for the bailment of goods to the hirer which: '(I).........(a) is not a hire-purchase agreement, and (b) is capable of subsisting for more than there months; and (c) does not require, the hirer to make payments exceeding ' 25,000', Burdis v. Livsey (CA), (2002) 3 WLR 762 [Consumer Credit (Increase of Monetary Limits) Order 1998, s. 15]
Is an agreement for the bailment of goods to the hirer which: '(I).........(a) is not a hire-purchase agreement, and (b) is capable of subsisting for more than there months; and (c) does not require, the hirer to make payments exceeding ' 25,000', Burdis v. Livsey (CA), (2002) 3 WLR 762 [Consumer Credit (Increase of Monetary Limits) Order 1998, s. 15]
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.