Australian Capital Territory Current Acts

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SALE OF GOODS ACT 1954 - SECT 62

Savings

    (1)     The rules of the common law, including the law merchant, except so far as they are inconsistent with this Act, and in particular the rules relating to the law of principal and agent and the effect of fraud, misrepresentation, duress, coercion, mistake or other invalidating cause continue to apply to contracts for the sale of goods.

    (2)     Nothing in this Act affects, or shall be deemed at any time to have affected, any remedy in equity of the buyer or the seller in respect of a misrepresentation.

    (3)     This Act does not affect the law relating to bills of sale.

    (4)     The provisions of this Act relating to contracts of sale do not apply to a transaction in the form of a contract of sale that is intended to operate by way of mortgage, pledge, charge or other security.



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