Amendment status not verified — confirm the current text below against the official source.
Termination of hiring on payment of cost of machinery.—When after credit has been given for the amount deposited under section 24, the hirer has paid in full all the instalments of rent mentioned in clause (a) of section 25 and the amount of interest, costs and other charges payable by him, he shall become the owner of the machinery and shall thereupon remove the metal plate mentioned in clause (e) of section 26: Provided that if at any time during the hiring the hirer pays in advance the remaining instalments of rent the interest payable in respect thereof shall be remitted.