Paragraph 1

If section 4 of this Act comes into operation before the day appointed for the purposes of section 14(7) of and paragraph 5 of Schedule 1 to the 1979 Act, then until that day, section 4 of this act shall have effect with the modifications set out in sub-paragraphs (2) to (4) below.

For subsection (4) substitute:—

“(4)

Subsection (5) below applies where, under a F1relevant contract for the transfer of goods, the transferor transfers the property in goods in the course of a business and the transferee, expressly or by implication, makes known to the transferor any particular purpose for which the goods are being acquired.”

In subsection (6) omit “or credit-broker”.

After subsection (9) insert:—

“(10)

In the application of subsections (4) to (6) above to a relevant contract for the transfer of goods under which the consideration or part of the consideration for the transfer is a sum payable by instalments any reference to the transferor includes a reference to the person by whom any antecedent negotiations are conducted.

(11)

Section 58(3) and (5) of the Hire-Purchase Act 1965 (meaning of antecedent negotiations and related expressions) apply, with the appropriate modifications, in relation to sub-section (10) above as in relation to that Act.”