Section A32(3)

Where the court gives permission under subsection (1), the company must apply the following towards discharging the sums payable under the hire-purchase agreement— the net proceeds of disposal of the goods, and any additional money required to be added to the net proceeds so as to produce the amount determined by the court as the net amount which would be realised on a sale of the goods in the open market by a willing vendor.

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Source: legislation.gov.uk · retrieved 2026-09-04