the-ordinances-of-the-legislative-counci-1890v4 — Page 155

1972 ORDINANCE No. 12 OF 1886 .


Bills of Sale.


No. 12 of 1886.

An Ordinance to consolidate and amend the Law for preventing

Frauds upon Creditors by Secret Bills of Sale of Personal
Chattels.

[ 7th May, 1886. ]

E it enacted by the Governor of Hongkong, with the advice of the
B¹
Legislative Council thereof, as follows :

Short title. 1. This Ordinance may be cited for all purposes as The Bills of Sale
Ordinance, 1886.
Commence 2. This Ordinance shall commence and come into operation on a
ment.
[41 & 42 V. day to be named by the Governor, and shall apply to every bill of sale
c. 31 , s. 2
& 3.] executed after such commencement (whether the same be absolute , or

subject or not subject to any trust ) , whereby the holder or grantee has
power, either with or without notice , and either immediately or at any
future time, to seize or take possession of any personal chattels within
the Colony comprised in or made subject to such bill of sale.

Repeal of 3. From and after the commencement of this Ordinance the Bills
Ordinance
No. 10 of 1864. of Sale Ordinance, No. 10 of 1864 , shall be repealed : Provided that
[41 & 42 V.
c. 31 , s. 23. ] (except as is herein expressly mentioned with respect to construction
.
and with respect to renewal of registration ) nothing in this Ordinance
shall affect any bill of sale executed before the commencement of this
Ordinance, and as regards bills of sale so executed the Ordinances
hereby repealed shall continue in force.

Any renewal after the commencement of this Ordinance of the
registration of a bill of sale executed before the commencement of this
Ordinance, and registered under the Ordinance hereby repealed , shall be
made under this Ordinance in the same manner as the renewal of a
registration made under this Ordinance.

Interpreta 4. In this Ordinance, the following words and expressions shall
tion of terms.
[41 & 42 V. have the meanings in this section assigned to them respectively, unless
c. 31 , s. 4. ]
there be something in the subject or context repugnant to such con
struction ; that is to say :

The expression Bill of Sale shall include bills of sale, assign
ments, transfers , declarations of trust without transfer,

inventories of goods with receipt thereto attached , or
receipts for purchase moneys of goods, and other assurances