s. 3 (b) in any other case, $5000 or, if another value is prescribed by the regulations, that other value; includes— hire-purchase agreement (a) a letting of goods with an option to purchase; and (b) an agreement for the purchase of goods by instalments (whether that agreement describes the instalments as rent or hire or otherwise); but does not include any agreement— (c) by which the property in the goods in the agreement passes at the time of the agreement or on or at any time before the delivery of the goods; or (d) under which the person by whom the goods are being hired or purchased is a person who is engaged in the trade or business of selling goods of the same nature or description as the goods comprised in the agreement; or (e) that is a regulated contract within the meaning of the Credit Act 1984; or (f) that is a credit contract within the meaning of the National Credit Code; means innkeeper's liability innkeeper's liability under the common law but only in relation to the strict liability imposed on an innkeeper for failing to safeguard the property of the innkeeper's guests that is brought to the innkeeper's inn;
(b) in any other case, $5000 or, if another value is prescribed by the regulations, that other value; hire-purchase agreement includes— (a) a letting of goods with an option to purchase; and (b) an agreement for the purchase of goods by instalments (whether that agreement describes the instalments as rent or hire or otherwise); but does not include any agreement— (c) by which the property in the goods in the agreement passes at the time of the agreement or on or at any time before the delivery of the goods; or (d) under which the person by whom the goods are being hired or purchased is a person who is engaged in the trade or business of selling goods of the same nature or description as the goods comprised in the agreement; or (e) that is a regulated contract within the meaning of the Credit Act 1984; or (f) that is a credit contract within the meaning of the National Credit Code; s. 3 innkeeper's liability means innkeeper's liability under the common law but only in relation to the strict liability imposed on an innkeeper for failing to safeguard the property of the innkeeper's guests that is brought to the innkeeper's inn;
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