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SALE OF GOODS ACT 1923 - SECT 15 Stipulation as to time

SALE OF GOODS ACT 1923 - SECT 15

Stipulation as to time

15 Stipulation as to time

(1) Unless a different intention appears from the terms of the contract, stipulations as to time of payment are not deemed to be of the essence of a contract of sale. Whether any other stipulation as to time is of the essence of the contract or not depends on the terms of the contract.
(2) In a contract of sale
"month" means prima facie calendar month.