Section 60
Section 60
(1)
The rules in bankruptcy relating t<?contracts of sale
Savings:rules apply to those contracts, notwithstanding anything in this Act.
oflawetc.
(2)
The Contracts Act and the rules ofthe common law, including the law merchants, except in so far as they are inconsistent with the provisions of this Act, and i~ particular the rules relating to the law of principal and agent and the effect of fraud, misrepresentation, duress, mjstake, or other invalidating cause, apply to contracts for the sale of goods.
Cap.106
B.L.R.O.111999
34
Sale of Goods
(3)
Nothing in this Act affectsany law relating to bills of sale, or any other law r~latingto saleof goods.
(4)
The provisions of this Act about contracts of sale do not apply to a transaction in the form of a contract of sale which is intended to operate by way of mortgage, pledge, charge or other security.