Cap. 48activeordinance

Factors Ordinance

代理商條例

Full legislation

s.3

Powers of mercantile agent with respect to disposition of goods

Where a mercantile agent is, with the consent of the owner, in possession of
                    goods or of the documents of title to goods, any sale, pledge, or other
                    disposition of the goods, made by him when acting in the ordinary course of
                    business of a mercantile agent, shall, subject to the provisions of this
                    Ordinance, be as valid as if he were expressly authorized by the owner of the
                    goods to make the
same:
Provided that the person taking
                    under the disposition acts in good faith, and has not, at the time of the
                    disposition,
                    noticed
                    that the person making the disposition has
                    no
                    authority to make the same.
(Amended
E.R. 1 of 2019
)