Section 10: Appropriation of payments
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
10. Appropriation of payments
Notwithstanding any other enactment, a hirer or buyer who is liable to make
payments in respect of 2 or more hire purchase or credit sale agreements to the
same dealer shall, notwithstanding any agreement to the contrary, be entitled,
on making any payment in respect of the agreements which is not sufficient to
discharge the total amount then due under all the agreements, to appropriate the
sum so paid by the hirer or buyer in or towards the satisfaction of the sum due
under any one of the agreements, or in or towards the satisfaction of the sums
due under any 2 or more of the agreements in such proportions as the hirer or
buyer thinks fit, and, if the hirer or buyer fails to make any such appropriation,
the payment shall by virtue of this section be appropriated towards the satisfaction of the sums due under the respective hire purchase or credit sale agreements in the proportions which those sums bear to one another.
[S. 10 amended by Act 1 of 1995; Act 26 of 2000.]
[Issue 1] H5 – 8
Revised Laws of Mauritius
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Questions this section answers
- If I owe on two hire purchase agreements with the same dealer, can I choose which one my payment goes towards?