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MERCANTILE LAW AMENDMENT ACT 1856 - SECT 3

Written guarantee not to be invalid by reason that the consideration does not appear in writing.

3. No special promise to be made by any person to answer for the debt,
default, or miscarriage of another person, being in writing, and signed by the
party to be charged therewith, or some other person by him thereunto lawfully
authorised, shall be deemed invalid to support an action, suit, or other
proceeding to charge the person by whom such promise shall have been made, by
reason only that the consideration for such promise does not appear in
writing, or by necessary inference from a written document.

S.4 rep. by 1890 c.39 s.48 sch.


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© 1856 Crown Copyright

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