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In forceUpdated to 1 Jan 2006

Chapter V · Rights of Unpaid Seller Against the Goods

49. Termination of lien

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(1)

The unpaid seller of goods loses his lien thereon—

(a)

when he delivers the goods to a carrier or other bailee 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 thereon, does not lose his lien by reason only that he has obtained a decree for the price of the goods.

Stoppage in transit

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Chapter VI

Suits for Breach of the Contract

Chapter VII

Miscellaneous