(1) The unpaid seller
of goods loses his lien or right of retention thereon —
(a) when
he delivers the goods to a carrier or other bailee or custodier for the
purpose of transmission to the buyer without reserving the right of disposal
of the goods;
(b) when
the buyer or his agent lawfully obtains possession of the goods;
(c) by
waiver thereof.
(2) The unpaid seller
of goods, having a lien or right of retention thereon, does no lose his lien
or right of retention by reason only that he has obtained judgment or decree
for the price of the goods.
[Heading inserted: No. 19 of 2010 s. 44(2).]