1950_BILLS_OF_SALE_ORDINANCE — Page 2

HK Historical Laws 香港歷史法例 All AI Reviewed

CAP. 20]

Originally

12 of 1886. Fraser

7 of 1886.

9 of 1950,

Bills of Sale.

CHAPTER 20.

BILLS OF SALE.

To consolidate and amend the law for preventing frauds upon

creditors by secret bills of sale of personal chattels.

[12th July, 1886.]

Short title.

1.

Interpretation.

41 & 42 Vict. c. 31, s. 4.

45 & 46 Vict. c. 43, s. 3.

This Ordinance may be cited as the Bills of Sale

Ordinance.

54 & 55 Vict. c. 35, s. 1.

..

In this Ordinance—

"bill of sale" includes bills of sale, assignments, transfers, declarations of trust without transfer, inventories of goods with receipt thereto attached, or receipts for purchase moneys of goods, and other assurances of personal chattels, and also powers of attorney, authorities, or licences to take possession of personal chattels as security for any debt, and also any agreement, whether intended or not to be followed by the execution of any other instrument, by which a right in equity to any personal chattels, or to any charge or security thereon, is conferred, but does not include the following documents; that is to say, assignments for the benefit of the creditors of the person making or giving the same, marriage settlements, transfers or assignments of any ship or vessel or any share thereof, transfers of goods in the ordinary course of business of any trade or calling, bills of sale of goods in foreign parts or at sea, bills of lading, India warrants, warehouse keepers' certificates, warrants or orders for the delivery of goods, or any other documents 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 goods thereby represented: Provided always that in the construction of sections 7, 9 (1), 11 to 18 and 22, the said expression does not include bills of sale or other instruments hereinbefore mentioned which may be given otherwise than by way of security for the payment of money: Provided further that an instrument charging or creating any security on or declaring trusts of immovable property shall not be deemed to be a bill of sale within the meaning of this Ordinance.

396

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CAP. 20] Originally 12 of 1886. Fraser 7 of 1886. 9 of 1950, Bills of Sale. CHAPTER 20. BILLS OF SALE. To consolidate and amend the law for preventing frauds upon creditors by secret bills of sale of personal chattels. [12th July, 1886.] Short title. 1. Interpretation. 41 & 42 Vict. c. 31, s. 4. 45 & 46 Vict. c. 43, s. 3. This Ordinance may be cited as the Bills of Sale Ordinance. 54 & 55 Vict. c. 35, s. 1. .. In this Ordinance— "bill of sale" includes bills of sale, assignments, transfers, declarations of trust without transfer, inventories of goods with receipt thereto attached, or receipts for purchase moneys of goods, and other assurances of personal chattels, and also powers of attorney, authorities, or licences to take possession of personal chattels as security for any debt, and also any agreement, whether intended or not to be followed by the execution of any other instrument, by which a right in equity to any personal chattels, or to any charge or security thereon, is conferred, but does not include the following documents; that is to say, assignments for the benefit of the creditors of the person making or giving the same, marriage settlements, transfers or assignments of any ship or vessel or any share thereof, transfers of goods in the ordinary course of business of any trade or calling, bills of sale of goods in foreign parts or at sea, bills of lading, India warrants, warehouse keepers' certificates, warrants or orders for the delivery of goods, or any other documents 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 goods thereby represented: Provided always that in the construction of sections 7, 9 (1), 11 to 18 and 22, the said expression does not include bills of sale or other instruments hereinbefore mentioned which may be given otherwise than by way of security for the payment of money: Provided further that an instrument charging or creating any security on or declaring trusts of immovable property shall not be deemed to be a bill of sale within the meaning of this Ordinance. 396
Baseline (Original)
CAP. 20] Originally 12 of 1886. Fraser 7 of 1886. 9 of 1950, Bills of Sale. CHAPTER 20. BILLS OF SALE. To consolidate and amend the law for preventing frauds upon creditors by secret bills of sale of personal chattels. [12th July, 1886.] Short title. 1. Interpretation. 41 & 42 Vict. c. 31, s. 4. } 45 & 46 Vict. c. 43, s. 3. This Ordinance may be cited as the Bills of Sale Ordinance. 54 & 55 Vict. c. 35, s. 1. .. In this Ordinance— "bill of sale" includes bills of sale, assignments, transfers, declarations of trust without transfer, inventories of goods with receipt thereto attached, or receipts for pur- chase moneys of goods, and other assurances of personal chattels, and also powers of attorney. authorities, or licences to take possession of personal chattels as security for any debt, and also any agree- ment, whether intended or not to be followed by the execution of any other instrument, by which a right in equity to any personal chattels, or to any charge or security thereon, is conferred, but does not include the following documents; that is to say, assignments for the benefit of the creditors of the person making or giving the same, marriage settlements, transfers or assignments of any ship or vessel or any share thereof, transfers of goods in the ordinary course of business of any trade or calling, bills of sale of goods in foreign parts or at sea, bills of lading, India warrants, warehouse keepers' certificates, warrants or orders for the delivery of goods, or any other documents used in the ordinary course of business as proof of the posses- sion 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 goods. thereby represented: Provided always that in the con- struction of sections 7, 9 (1), 11 to 18 and 22, the said expression does not include bills of sale or other in- struments hereinbefore mentioned which may be given otherwise than by way of security for the payment of money: Provided further that an instrument charging or creating any security on or declaring trusts of im- 396 S
2026-05-03 17:52:38 · Baseline
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CAP. 20]

Originally

12 of 1886. Fraser

7 of 1886.

9 of 1950,

Bills of Sale.

CHAPTER 20.

BILLS OF SALE.

To consolidate and amend the law for preventing frauds upon

creditors by secret bills of sale of personal chattels.

[12th July, 1886.]

Short title.

1.

Interpretation.

41 & 42 Vict. c. 31, s. 4.

}

45 & 46 Vict. c. 43, s. 3.

This Ordinance may be cited as the Bills of Sale

Ordinance.

54 & 55 Vict. c. 35, s. 1.

..

In this Ordinance—

"bill of sale" includes bills of sale, assignments, transfers, declarations of trust without transfer, inventories of goods with receipt thereto attached, or receipts for pur- chase moneys of goods, and other assurances of personal chattels, and also powers of attorney. authorities, or licences to take possession of personal chattels as security for any debt, and also any agree- ment, whether intended or not to be followed by the execution of any other instrument, by which a right in equity to any personal chattels, or to any charge or security thereon, is conferred, but does not include the following documents; that is to say, assignments for the benefit of the creditors of the person making or giving the same, marriage settlements, transfers or assignments of any ship or vessel or any share thereof, transfers of goods in the ordinary course of business of any trade or calling, bills of sale of goods in foreign parts or at sea, bills of lading, India warrants, warehouse keepers' certificates, warrants or orders for the delivery of goods, or any other documents used in the ordinary course of business as proof of the posses- sion 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 goods. thereby represented: Provided always that in the con- struction of sections 7, 9 (1), 11 to 18 and 22, the said expression does not include bills of sale or other in- struments hereinbefore mentioned which may be given otherwise than by way of security for the payment of money: Provided further that an instrument charging or creating any security on or declaring trusts of im-

396

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