Section 403

A takes property belonging to Z out of T s possession, in good faith believing, at the time when he takes it, that the property belongs himself. A is not guilty oftheft~but ifA, after discoiGing his mistake, dishonestly appropriates the property to his own use, he is guilty of an offence under this section.

A, being on friendly terms with Z, goes into T s library in T s absence, and takes away a book without Z's express consent. Here, if A was under the impression that he had

T s implied consent to take the book for the purpose of reading it, A has not committed theft.

But if A afterwards sells the book for his own benefit, he is guilty of an offence under this section.

A finds a cheque payable to bearer. He can form no conjecture as to the person who has lost the cheque. But the name of the person who has drawn the cheque appears. A knows that this person can direct him to the person in whose favour the cheque was drawn. A appropriates the cheque without attempting to discover the owner. He is guilty of an offence under this section.

(4 A sees Z drop his purse with money in it. A picks up the purse with the intention of restoring it to Z, but afterwards appropriates it to his own use. A has committed an offence under this section.

A finds a purse with money, not knowing to whom it belong; he afterwards discovers that it belongs to Z, and appropriates it to his own use. A is guilty of an offence under this section.

fl A finds a valuable ring not knowing to whom it belongs. A sells it immediately without attempting to discover the owner. A is guilty of an offence under this section.