[11E Conditional sale and hire purchase agreements]
Credit Unions Act 1979 (1979 c 34) | Legislation

[11E  Conditional sale and hire purchase agreements]

[(1)     If the objects of a credit union include the optional object specified in section 1(3ZZA) it may (subject to such terms, including as to security, as its rules may provide)—

(a)     enter into a conditional sale agreement, as the seller, with a member of the credit union, or

(b)     enter into a hire purchase agreement, as the person from whom goods are bailed or (in Scotland) hired, with a member of the credit union.

(2)

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