Educational Information Only
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Hire-Purchase Business Act
พระราชบัญญัติการประกอบธุรกิจเช่าซื้อ · HPA · B.E. 2522 (1979)
Overview
The Hire-Purchase Business Act and subsequent Consumer Protection Board notifications regulate hire-purchase agreements in Thailand — common for vehicles and high-value consumer goods. Hire-purchase combines lease and conditional sale: title passes on completion of payments. Recent notifications cap interest rates and require specific disclosure.
- Promulgating authority
- Parliament
- พระราชบัญญัติ
- Enacted
- B.E. 2522 (1979)
- Official text
- https://www.krisdika.go.th/
Key Sections2
The 2 sections most frequently cited in practice or relevant to foreigners. Click any section for a deep-linkable page suitable for sharing.
Section 12
— Disclosure requirementsHire-purchase contracts must clearly state total price, interest rate, repayment schedule, and consumer cooling-off rights.
Section 18
— RepossessionRepossession procedure with notice and opportunity to cure; non-judicial repossession permitted within limits.
The summaries on this page are plain-English educational paraphrases — not authoritative translations. For the binding wording you must consult the Royal Gazette publication or the consolidated text at the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
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