20.
| (1) Where goods have been let or agreed to be Sold under a hire-purchase agreement and seventy-five per centum of the hire purchase price has been paid (whether in pursuance of a judgment or otherwise) or tendered by or on behalf of the hirer or any guarantor before the lawful termination of the contract, the owner shall not enforce any right to recover possession of the goods from the hirer otherwise than by action : |
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| (2) If the owner recovers the goods in contravention of the foregoing subsection, the hire-purchase agreement, if not previously terminated, shall terminate and
| | (a) the hirer shall be released from all liability under the agreement and shall be entitled to recover from the owner in an action all sums paid by him under the agreement or under any security given by him in respect of the agreement; and | | |
| | (b) any guarantor shall be entitled to recover from the owner in an action all sums paid by him under the contract of guarantee or under any security given by him in respect of that contract. | | |
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| (3) The foregoing provisions of this section shall not apply in any case in which the hirer has determine of the agreement by virtue of any right vested in him. |
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Sri Lanka Consolidated Acts