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Resumen de Replacing The Bills of Sale Acts Lc 369

Magda Raczynska

  • In September 2016 the Law Commission presented to Parliament its Report on Bills of Sale, 1 which concluded a two-year examination of the Bills of Sale Act 1878 and the Bills of Sale Act 1878 (Amendment) Act 1882. It recommended that the Acts should be abolished and replaced with alternative legislation. This note considers the key aspects of the proposed reform. The Bills of Sale Acts govern documentary transfers of property in personal chattels from an individual (A) to another person (B) where A is to remain in possession of the goods and B is vested with a power to seize them. 2 The Acts prescribe the form of the documents and impose a requirement of their registration at the High Court. By virtue of insolvency legislation, the registration requirement was extended to general assignments


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