Bills of Sale Act 1890

1890 c.53

An Act to exempt certain letters of hypothecation from the operation of the Bills of Sale Act 1882.

1F1 Exemption of securities on imported goods from 41 & 42 Vict. c. 31 and 45 & 46 Vict. c. 43.

An instrument charging or creating any security on or declaring trusts of imported goods given or executed at any time prior to their deposit in a warehouse, factory, or store, or to their being reshipped for export, or delivered to a purchaser not being the person giving or executing such instrument, shall not be deemed a bill of sale within the meaning of the Bills of Sale Acts 1878 and 1882.

2 Savings of 46 & 47 Vict. c. 52 s. 44.

Nothing in this Act shall affect the operation of section forty-four of the Bankruptcy Act 1883 in respect of any goods comprised in any such instrument as is herein-before described, if such goods would but for this Act be goods within the meaning of sub-section three of that section.

3 Short title.

This Act may be cited as the Bills of Sale Act 1890.