The Law On The Conditions Of Hire Purchase In The Shop

Original Language Title: Laki luottoehdoista osamaksukaupassa

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Read the untranslated law here: http://www.finlex.fi/fi/laki/ajantasa/1962/19620622

In accordance with the decision of the Parliament, provides for: 1 the scope of the article when the hire-purchase may be the value of money or the security of a foreign country, the liquidity of the excessive regulation of the collection, the Council of State may, announcing the sale of the goods by installments for certain or particular types of Trade Act (91/66) in the conditions referred to in article 1 of the cash price of the sold object is before the surrender of the buyer shall be subject at least to an aliquot of the object and that the purchase price has to be paid in full within a certain period of time at regular intervals and, mainly, in equal instalments. (31.12.1974/1084)
The adoption of the decision referred to in subparagraph (1) above, and subject to the discretion of the Bank of Finland is based on the Executive Board, have made a proposal on this issue, obtain the opinion of the said Board.
The Government does not have the right provided for in paragraph 1 of the terms of the hire-purchase order credit for certain types of goods of certain trade or their vendors, which bind to the specified time period to comply with the Ministry of trade and industry, in consultation with the Board of Governors of the Bank of Finland, with the agreement of the Council of State referred to in that subsection for approved credit terms and conditions during the period of the commitment is in force. (18.2.1966/92) Before section 1 of the decision of the Council of State referred to in subparagraph (1) or the Ministry of trade and industry shall consult the vendors of the goods to be representative of the community or, in the absence of the kind of community is not notable, with the sellers of the goods.


section 3 (18.2.1966/92) hire-purchase in the shop, which has not been complied with, in accordance with decision pursuant to article 1 of the regulations, is contained in the contract option for the arrest of the right to property of the object sold to the seller or the seller's authorising to take the item back into the void.


section 4 (18.2.1966/92) The seller of the goods referred to in article 1 shall be required, if required, to provide to the Ministry of trade and industry, or the official appointed by the official information necessary for the enforcement of this law by the results of their hire-purchase from the store.


4. (a) section (13.2.1970/118) a seller who has not complied with the decision made pursuant to section 1 of the regulations or has failed to submit the information required pursuant to article 4, tuomittakoon to a fine.

2 L:lla of 26 October 2001/893 is repealed.



the more specific provisions of article 5 of this law, the Council shall, where appropriate, on the implementation and application of the State.

The change of the date of entry into force and the application of the acts: 18.2.1966/92: this law shall enter into force on 1 June 1966.




31.12.1974/13.2.1970/118:1084: this law shall enter into force on 1 January 1975.




of 26 October 2001/893: this law shall enter into force on 1 January 2002.
THEY'RE 80/2000, LaVM 14/2001, EV 94/2001