Victorian Consolidated Legislation

Goods Act 1958 - SECT 47

Unpaid seller's lien

47. Unpaid seller's lien



(1) Subject to the provisions of this Part the unpaid seller of goods who is
in possession of them is entitled to retain possession of them until payment
or tender of the price in the following cases, namely-

   (a)  where the goods have been sold without any stipulation as to credit;

   (b)  where the goods have been sold on credit but the term of credit has
        expired;

   (c)  where the buyer becomes bankrupt.

(2) The seller may exercise his right of lien notwithstanding that he is in
possession of the goods as agent or bailee for the buyer.