Australian Capital Territory Current Acts

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SALE OF GOODS ACT 1954 - SECT 15

Stipulations as to time

    (1)     Unless a different intention appears from the terms of the contract, stipulations as to time of payment are not deemed to be of the essence of a contract of sale.

    (2)     Whether any other stipulation as to time is of the essence of the contract depends on the terms of the contract.

    (3)     In a contract of sale, unless a different intention appears from the terms of the contract, "month" means calendar month.



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