(1) An owner shall not exercise his or her right to repossess pursuant to section 25 unless he or she has given to the hirer 21 clear days notice in the form prescribed by the Regulations.
(2) The notice required under subsection (1) shall—
(a) specify that the hirer has failed to pay installments of the hire-purchase price which are due;
(b) require the hirer to remedy the default within a period of not less than 10 days after the service of the notice.
(3) An owner need not comply with subsection (1) if there are reasonable grounds for believing that the goods comprised in the hire-purchase agreement will be removed or concealed by the hirer contrary to the provisions of the hire-purchase agreement, but the onus of proving the existence of those grounds shall lie on the owner.
(4) An owner shall not exercise any power of taking possession of goods comprised in a hire-purchase agreement unless the hirer has failed within the period specified in the notice to remedy the default.
(5) For the purposes of this section, a notice shall be deemed to have been given if it is directed to the hirer and delivered at or dispatched by registered letter to his or her address as mentioned in the hire-purchase agreement.