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FACTORS ACT 1889 - SECT 10

Effect of transfer of documents on vendor's lien or right of stoppage in transitu.

10. Where a document of title to goods has been lawfully transferred to a
person as a buyer or owner of the goods, and that person transfers the
document to a person who takes the document in good faith and for valuable
consideration, the last-mentioned transfer shall have the same effect for
defeating any vendor's lien or right of stoppage in transitu as the transfer
of a bill of lading has for defeating the right of stoppage in transitu.

Mode of transferring documents.



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© 1889 Crown Copyright

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