OpenLegislation

Bills of Sale Act 1890

53 & 54 Vict. c. 53 · Enacted 18 August 1890 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 1 February 1991.

An Act to exempt certain letters of hypothecation from the operation of the Bills of Sale Act 1882.

[18th August 1890]

Contents

  1. 1Exemption of securities on imported goods from 41 & 42 Vict. c. 31 and 45 & 46 Vict. c. 43.
  2. 2Savings of 46 & 47 Vict. c. 52 s. 44.
  3. 3Short title.

1Exemption of securities on imported goods from 41 & 42 Vict. c. 31 and 45 & 46 Vict. c. 43.F1

An instrument charging or creating any security on or declaring trusts of imported goods given or executed at any time prior to their deposit in a warehouse, factory, or store, or to their being reshipped for export, or delivered to a purchaser not being the person giving or executing such instrument, shall not be deemed a bill of sale within the meaning of the Bills of Sale Acts 1878 and 1882.

2Savings of 46 & 47 Vict. c. 52 s. 44.

Nothing in this Act shall affect the operation of section forty-four of the Bankruptcy Act 1883 in respect of any goods comprised in any such instrument as is herein-before described, if such goods would but for this Act be goods within the meaning of sub-section three of that section.

3Short title.

This Act may be cited as the Bills of Sale Act 1890.