New South Wales Consolidated Acts

UNCOLLECTED GOODS ACT 1995 - SECT 15

15 Records

(1) Within 7 days after disposing of goods in accordance with this Part, a bailee must prepare a record of the following particulars:

(a) a description of the goods disposed of,

(b) the date of the order under this Part by which disposal of the goods was authorised,

(c) the date on which the goods were disposed of,

(d) the manner in which the goods were disposed of,

(e) in the case of goods that have been sold:

• the name and address of the person to whom they were sold, and

• the amount of the proceeds of the sale, and

• the amount retained by the bailee to cover the relevant charges due to the bailee in respect of the goods,

(f) in the case of goods sold by public auction-the name, and the address of the principal place of business, of the auctioneer by whom the goods were sold.

(2) A record prepared under this section must be kept by the bailee for at least 6 years from the date on which the goods were disposed of and must be made available by the bailee, on request, for inspection by the bailor or by any other person claiming an interest in the goods.

Maximum penalty: 5 penalty units.