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An Act to exempt certain letters of hypothecation from the operation of the Bills of Sale Act 1882.
[18th August 1890]
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.]
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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.
This Act may be cited as the Bills of Sale Act 1890.
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