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Factors (Scotland) Act 1890

53 & 54 Vict. c. 40 · Enacted 14 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 extend the provisions of the Factors Act, 1889, to Scotland.

[14th August 1890]C1C2

Annotations to the whole text

Modifications

C1

Act saved retrospectively by Hire-Purchase Act 1964 (c. 53), ss. 27(5)(b), 35(3)

C2

Words of enactment omitted under authority of Statute Law Revision Act 1948 (c. 62), s. 3

Contents

  1. 1Application of 52 & 53 Vict. c. 45. to Scotland.
  2. 2Short title.

1Application of 52 & 53 Vict. c. 45. to Scotland.

Subject to the following provisions, the M1Factors Act, 1889, shall apply to Scotland:—

(1)

The expression “lien” shall mean and include right of retention; the expression “vendor’s lien” shall mean and include any right of retention competent to the original owner or vendor; and the expression “set off” shall mean and include compensation.

(2)

In the application of section five of the recited Act, a sale, pledge, or other disposition of goods shall not be valid unless made for valuable consideration.

2Short title.

This Act may be cited as the Factors (Scotland) Act, 1890.