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
)