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Hire-Purchase Act, 1974 (NRCD 292)

Section 19—Removal of Goods from Ghana.
(1) The hirer or buyer of goods under a hire-purchase or conditional sale agreement shall not remove the goods from Ghana without the written consent of the owner or seller.
(2) If the hirer or buyer contravenes subsection (1) he shall, unless he satisfies the court that he did not intend to deprive the owner or seller of his ownership or to defeat the rights of the owner or seller to obtain any payment due to him, be guilty of an offence and liable on conviction to a fine not exceeding ¢2,000.00 or to imprisonment for a term not exceeding one year or to both.
(3) If the owner or seller believes that the goods have been removed or are being removed or are about to be removed from Ghana without his written consent, and with intent to deprive him of his ownership or to defeat his rights to obtain any payment due to him under the agreement, he may institute an action for the return of the goods.
(4) Before instituting an action in pursuance of subsection (3) of this section, or while the action is pending, the owner may apply to the court for an order for the attachment of the goods.
(5) A court which makes an order for the attachment of goods under subsection (4) of this section may require the applicant to give security for damage resulting from the order.
(6) An order for the attachment of goods under this section—
(a) may be discharged or varied by the court for good cause shown by any person affected by the order and on such terms as to costs as the court thinks fit; and
(b) shall be discharged upon the hirer or buyer giving security as the court may think proper taking into account the value of the goods, the amount due to the owner or seller under the agreement, and the costs of the owner or seller.

Subject : Hire-Purchase Trading  

Procedure to Follow


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