Australian Capital Territory Consolidated Acts

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MERCANTILE LAW ACT 1962 - SECT 4

Definitions for pt 2

In this part:

Note     A definition applies except so far as the contrary intention appears (see Legislation Act 2001 , s 155).

"advance" includes a payment of money and the delivery of a bill of exchange or other negotiable security.

"document of title"—see the Sale of Goods Act 1954 , dictionary.

"mercantile agent"—see the Sale of Goods Act 1954 , dictionary.

"pledge" includes a contract pledging or giving a lien or security on goods, whether in consideration of an original advance, a further or continuing advance or a financial liability.



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