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CONVEYANCING ACT 1881 - SECT 55

Receipt in deed or indorsed, evidence for subsequent purchaser.

55.(1) A receipt for consideration money or other consideration in the body of
a deed or indorsed thereon shall, in favour of a subsequent purchaser, not
having notice that the money or other consideration thereby acknowledged to be
received was not in fact paid or given, wholly or in part, be sufficient
evidence of the payment or giving of the whole amount thereof.

(2) This section applies only to deeds executed after the commencement of
this Act.


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© 1881 Crown Copyright

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