The Conditional Sales Contract is a crucial legal instrument in Malaysian commercial transactions, particularly governed by the Hire-Purchase Act 1967 and related legislation. It is typically used when selling high-value goods or equipment where the seller wishes to retain ownership until full payment is received, while allowing the buyer immediate use of the goods. This document type is essential in both business-to-business and business-to-consumer transactions, providing security for the seller while offering the buyer flexible payment terms. The agreement must comply with Malaysian statutory requirements, including specific provisions for consumer protection, mandatory warranties, and prescribed notices. It's particularly relevant in sectors dealing with vehicles, industrial equipment, and other significant capital purchases where staged payments are common.

1. Parties: Identification of the seller and purchaser with complete details as required by Malaysian law

2. Background: Context of the transaction and brief description of the arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core terms of the conditional sale including property description and price

5. Payment Terms: Detailed payment structure, installment amounts, and payment schedule

6. Transfer of Title: Conditions for transfer of ownership and retention of title provisions

7. Delivery and Acceptance: Terms regarding delivery, inspection, and acceptance of goods

8. Seller's Warranties: Warranties and representations regarding the goods as required by Malaysian law

9. Buyer's Obligations: Key responsibilities and obligations of the buyer

10. Default and Remedies: Consequences of default and available remedies for both parties

11. Insurance: Requirements for insurance coverage of the goods

12. Termination: Circumstances and procedures for contract termination

13. Governing Law: Specification of Malaysian law as governing law and jurisdiction

14. Notices: Process for serving notices between parties

15. Execution: Signature blocks and execution formalities