Section 51 of MVA : Section 51: Special Provisions Regarding Motor Vehicle Subject To Hire-Purchase Agreement, Etc

Explanation using Example

Imagine John has purchased a car on a hire-purchase agreement from XYZ Finance Company. When he goes to the local vehicle registration office to register his new car, he must inform the registering authority of the hire-purchase agreement. The authority will then note this agreement in the car's certificate of registration, indicating that the car is under a financial agreement and not fully owned by John yet.

Several years later, John decides to se...

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