South Australian Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BILLS OF SALE ACT 1886 - SECT 21

21—Bill of sale may be extended, varied or corrected

        (1)         An extension of time for the repayment of money secured by a bill of sale, or any other variation, or any correction, of a bill of sale, may be effected by endorsement on the duplicate, or by separate instrument, in either case signed by the parties or, where the bill is held on joint account, by the grantor or grantors and one or more of the grantees.

        (2)         An extension by endorsement under subsection (1) may be effected by endorsing on the duplicate the word "Extended", which will mean an extension for a further period of one year of the time for repayment but otherwise upon the terms provided in the bill of sale.

        (3)         Subsection (2) does not limit the manner in which an extension may be effected by endorsement.



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]