Accountancy, asked by shreyukadam2811, 3 months ago

Hire purchase System is governed by Hire- purchase Act________​

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Answered by Anonymous
1

The hire purchase system is governed by hire purchase act 1972.

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The legislation which hire-purchase in Malaysia in the Hire-Purchase Act 1972. However , this act is not applicable to all items or goods under hire-purchase. This Act is only apply to all hire-purchase agreement relating to goods specified in the First Schedule of the said Act.

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