GOODS ACT 1958 - SECT 65 Definitions

GOODS ACT 1958 - SECT 65

In this Part unless inconsistent with the context or subject-matter—

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

document of title includes bill of lading dock warrant warehousekeeper's certificate wharfinger's certificate and warrant or order for the delivery of goods or any other document used in the ordinary course of business as proof of the possession or control of goods or authorizing or purporting to authorize either by indorsement or by delivery the possessor of such document to transfer or receive the goods thereby represented;

"goods" includes goods wares and merchandise;

"mercantile agent" means a mercantile agent having in the customary course of his business as such agent authority either to sell goods or to consign goods for the purpose of sale or to buy goods or to raise money on the security of goods or of documents of title;

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

The provisions of this Part shall be construed in amplification and not in derogation of the powers exercisable by an agent independently of this Act.

No. 3694 s. 64.