Section 46(2)

For the purposes of any reference in this Act to supplying goods, where a person ( “the ostensible supplier”) supplies goods to another person ( “the customer”) under a hire-purchase agreement, conditional sale agreement or credit-sale agreement or under an agreement for the hiring of goods (other than a hire-purchase agreement) and the ostensible supplier— the effective supplier and not the ostensible supplier shall be treated as supplying the goods to the customer. carries on the business of financing the provision of goods for others by means of such agreements; and in the course of that business acquired his interest in the goods supplied to the customer as a means of financing the provision of them for the customer by a further person ( “the effective supplier”),

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Source: legislation.gov.uk · retrieved 2026-07-30