Victorian Current Acts

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DUTIES ACT 2000 - SECT 129

What is a hire of goods?

    (1)     A hire of goods is an arrangement under which goods are or may be used at any time by a person other than the person hiring out the goods, unless the arrangement is excluded under section 132.

    (2)     There are 2 kinds of hire of goods, namely—

        (a)     an equipment financing arrangement; and

        (b)     an ordinary (that is, any other) hire of goods.



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