Section 6: Duty of parties to furnish information.

(1) At any time before the final payment has been made under a hire-purchase agreement or credit-sale agreement, any person entitled to enforce the agreement against the hirer or buyer shall, within fourteen days from the date on which he receives a request in writing from the hirer or buyer and the hirer or buyer has tendered to him the sum of twenty kobo for expenses, supply to the hirer or buyer a copy of any memorandum or note of the agreement, together with a statement signed by the said person or his agent showing-
(a) the amount paid by or on behalf of the hirer or buyer;
(b) the amount due but unpaid under the agreement, and the date on which each unpaid instalment became due, and the amount of each such instalment; and
(c) the amount which is to become payable under the agreement, and the date or the mode of determining the date upon which each future instalment is to become payable, and the amount of each such instalment.
(2) In the event of a failure without reasonable cause to comply with subsection (1) of this section, then, while the default continues-
(a) no person shall be entitled to enforce the agreement against the hirer or buyer or to enforce any contract of guarantee relating to the agreement to enforce any right to recover the goods from the hirer; and
(b) no security given by the hirer or buyer in respect of money payable under the agreement or given by a guarantor in respect of money payable under a contract of guarantee relating to the agreement shall be enforceable against the hirer or buyer or the guarantor,
and, if the default continues for a period of one month, the defaulter shall be guilty of an offence and liable on summary conviction to a fine of an amount not exceeding twenty naira.
(3) Where by virtue of a hire-purchase agreement a hirer is under a duty to keep the goods comprised in the agreement in his possession or control, the hirer shall, on receipt of a request in writing from the owner, inform the owner where the goods are at the time when the information is given or, if it is sent by post, at the time of posting.
(4) If a hirer fails without reasonable cause to give the said information within fourteen days from the date of the receipt of a request under subsection (3) of this section, he shall be guilty of an offence and liable on summary conviction to a fine not exceeding twenty naira; and if any information given by or on behalf of a hirer in pursuance of a request under that subsection is to his knowledge false in a material particular, the hirer shall be guilty of an offence and liable on summary conviction to a fine not exceeding one hundred naira.