Australian Capital Territory Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Download] [Help]

MERCANTILE LAW ACT 1962 - NOTES

Dictionary

(see s 2)

Note 1     The Legislation Act

contains definitions and other provisions relevant to this Act.

Note 2     For example, the Legislation Act

, dict, pt 1, defines the following terms:

              •     ACT

              •     daily newspaper

              •     document

              •     function

              •     under

              •     writing.

"advance", for part 2 (Mercantile agents)—see section 4.

"document of title", for part 2 (Mercantile agents)—see section 4.

"lien", for part 6 (Warehouse persons' liens)—see section 17.

"mercantile agent", for part 2 (Mercantile agents)—see section 4.

"pledge", for part 2 (Mercantile agents)—see section 4.

"warehouse person", for part 6 (Warehouse persons' liens)—see section 17.

Endnotes

1     About the endnotes

Amending and modifying laws are annotated in the legislation history and the amendment history. Current modifications are not included in the republished law but are set out in the endnotes.

Not all editorial amendments made under the Legislation Act 2001

, part 11.3 are annotated in the amendment history. Full details of any amendments can be obtained from the Parliamentary Counsel's Office.

Uncommenced amending laws are not included in the republished law. The details of these laws are underlined in the legislation history. Uncommenced expiries are underlined in the legislation history and amendment history.

If all the provisions of the law have been renumbered, a table of renumbered provisions gives details of previous and current numbering.

The endnotes also include a table of earlier republications.

2     Abbreviation key

A = Act

NI = Notifiable instrument

AF = Approved form

o = order

am = amended

om = omitted/repealed

amdt = amendment

ord = ordinance

AR = Assembly resolution

orig = original

ch = chapter

par = paragraph/subparagraph

CN = Commencement notice

pres = present

def = definition

prev = previous

DI = Disallowable instrument

(prev...) = previously

dict = dictionary

pt = part

disallowed = disallowed by the Legislative

r = rule/subrule

Assembly

reloc = relocated

div = division

renum = renumbered

exp = expires/expired

R[X] = Republication No

Gaz = gazette

RI = reissue

hdg = heading

s = section/subsection

IA = Interpretation Act 1967

sch = schedule

ins = inserted/added

sdiv = subdivision

LA = Legislation Act 2001

SL = Subordinate law

LR = legislation register

sub = substituted

LRA = Legislation (Republication) Act 1996

underlining = whole or part not commenced

mod = modified/modification

or to be expired


3     Legislation history

This Act was originally a Commonwealth ordinance—the Mercantile Ordinance 1962

No 4 (Cwlth).

The Australian Capital Territory (Self-Government) Act 1988

(Cwlth), s 34 (4) converted most former Commonwealth ordinances in force in the ACT into ACT enactments. This allowed the ACT Legislative Assembly to amend and repeal the laws. This Act was converted into an ACT enactment on 11 May 1989 (self-government day).

As with most ordinances in force in the ACT, the name was changed from Ordinance to Act by the Self-Government (Citation of Laws) Act 1989

A1989-21, s 5 on 11 May 1989 (self-government day).

Before 11 May 1989, ordinances commenced on their notification day unless otherwise stated (see Seat of Government (Administration) Act 1910

(Cwlth), s 12).

    Legislation before becoming Territory enactment

Mercantile Law Act 1962 A1962-4

notified 12 April 1962

commenced 12 April 1962

as amended by

Ordinances Revision (Decimal Currency) Ordinance 1966

Ord1966-19

notified 23 December 1966

commenced 23 December 1966

Ordinances Revision Ordinance 1977

Ord1977-65

notified 22 December 1977

commenced 22 December 1977

Ordinances Revision Ordinance 1978

Ord1978-46

notified 28 December 1978

commenced 28 December 1978

Magistrates Court Ordinance 1985

Ord1985-67

notified 19 December 1985

commenced 1 February 1986 (Cwlth Gaz 1986 No G3)

    Legislation after becoming Territory enactment

Magistrates and Coroner's Courts (Registrar) Act 1991

A1991-44 s 7, sch 1

notified 20 September 1991 (Gaz 1991 No S95

)

s 1, s 2 commenced 20 September 1991 ( s 2 (1))

s 7 (2), sch 1 commenced 25 September 1991 (s 2 (2) and Gaz 1991 No S103

)

Financial Management and Audit (Consequential and Transitional Provisions) Act 1996

A1996-26 sch pt 18

notified 1 July 1996 (Gaz 1996 No S130

)

commenced 1 July 1996 (s 2)

Uncollected Goods (Consequential Provisions) Act 1996

A1996-87 s 4

notified 20 December 1996 (Gaz 1996 No S328

)

s 1, s 2 commenced 20 December 1996 (s 2 (1))

s 4 commenced 19 March 1998 (s 2 (2) and see Gaz 1998 No 1997

No S71)

Statute Law Revision (Penalties) Act 1998

A1998-54 sch

notified 27 November 1998 (Gaz 1998 No S207

)

s 1, s 2 commenced 27 November 1998 (s 2 (1))

sch commenced 9 December 1998 (s 2 (2) and Gaz 1998 No 49

)

Legislation (Consequential Amendments) Act 2001

A2001-44 pt 251

notified 26 July 2001 (Gaz 2001 No 30

)

s 1, s 2 commenced 26 July 2001 (IA s 10B)

pt 251 commenced 12 September 2001 (s 2 and see Gaz 2001 No S65

)

Criminal Code Harmonisation Act 2005

A2005-54 sch 1 pt 1.31

notified LR 27 October 2005

s 1, s 2 commenced 27 October 2005 (LA s 75 (1))

sch 1 pt 1.31 commenced 24 November 2005 (s 2)

Statute Law Amendment Act 2005 (No 2)

A2005-62 sch 3 pt 3.15

notified LR 21 December 2005

s 1, s 2 commenced 21 December 2005 (LA s 75 (1))

sch 3 pt 3.15 commenced 11 January 2006 (s 2 (1))

Statute Law Amendment Act 2009

A2009-20 sch 3 pt 3.54

notified LR 1 September 2009

s 1, s 2 commenced 1 September 2009 (LA s 75 (1))

sch 3 pt 3.54 commenced 22 September 2009 (s 2)

Personal Property Securities Act 2010

A2010-15 sch 3 pt 3.2

notified LR 1 April 2010

s 1, s 2 commenced 1 April 2010 (LA s 75 (1))

sch 3 pt 3.2 commenced 30 January 2012 (s 2 (2) (b))

4     Amendment history

Name of Act
s 1     sub A2005-62

amdt 3.144

Dictionary
s 2     om Ord1977-65


    ins A2005-54

amdt 1.223
    om R5 LA
    ins A2005-62

amdt 3.144

Notes
s 3     orig s 3 om A2001-44

amdt 1.2889
    prev s 3 renum as s 3A
    ins A2005-62

amdt 3.144

Offences against Act—application of Criminal Code etc
s 3A     (prev s 3) ins A2005-54

amdt 1.223
    renum R5 LA

Definitions for pt 2
s 4     def document of title sub A2005-62

amdt 3.145
    def mercantile agent sub A2005-62

amdt 3.146
    def pledge am A2005-62

amdt 3.147

Powers of mercantile agent
s 6     sub A2005-62

amdt 3.148

Presumptions
s 7     am A2005-62

amdts 3.149-3.151

Pledge by way of exchange
s 8     sub A2005-62

amdt 3.152

Pledge for existing debt
s 9     sub A2005-62

amdt 3.152

Saving for common law powers of mercantile agents
s 11     sub A2005-62

amdt 3.153

Consideration for guarantee
s 12     sub A2005-62

amdt 3.154

Maximum rate of interest
s 14     am Ord1966-19

; A2005-62

amdt 3.155

Debts and contracts of children
s 15     sub A2005-62

amdt 3.156

Representations of character etc
s 16     sub A2005-62

amdt 3.157

Definitions for pt 6
s 17     am Ord1985-67


    def court om A2005-62

amdt 3.158

Charges covered by lien
s 19     am A2005-62

amdt 3.159

Notice by warehouse person
s 20     am A2010-15

amdt 3.2

Notice by person depositing goods
s 21     am Ord1966-19

; A1998-54

sch
    sub A2005-54

amdt 1.224

Power to sell goods
s 22     am A1996-87

s 4

Sale of goods to be advertised
s 23     om A1996-87

s 4

Stay of proceedings to sell
s 24     om A1996-87

s 4

Payment of charges before sale
s 25     am Ord1966-19


    om A1996-87

s 4

No action by reason of sale
s 26     om A1996-87

s 4

Disposition of proceeds of sale
s 27     am Ord1966-19

; A1991-44

; A1996-26

sch pt 18
    om A1996-87

s 4

Service of notice by warehouse person
s 28     sub A2005-62

amdt 3.160
    am A2009-20

amdt 3.143

Notice provisions—substantial compliance
s 29     am Ord1978-46

Application of pt 6
s 30     om A2005-62

amdt 3.161

Laws ceasing to be in force
sch     om A2001-44

amdt 1.2890

Dictionary
dict     ins A2005-62

amdt 3.162
    am A2009-20

amdt 3.144
    def advance ins A2005-62

amdt 3.162
    def document of title ins A2005-62

amdt 3.162
    def lien ins A2005-62

amdt 3.162
    def mercantile agent ins A2005-62

amdt 3.162
    def pledge ins A2005-62

amdt 3.162
    def warehouse person ins A2005-62

amdt 3.162

5     Earlier republications

Some earlier republications were not numbered. The number in column 1 refers to the publication order.

Since 12 September 2001 every authorised republication has been published in electronic pdf format on the ACT legislation register. A selection of authorised republications have also been published in printed format. These republications are marked with an asterisk (*) in column 1. Electronic and printed versions of an authorised republication are identical.

Republication No

Amendments to

Republication date

1

A1991-44

30 September 1991

2

A1996-87

31 January 1998

3

A2001-44

4 January 2002

4

A2005-54

24 November 2005

5

A2005-62

11 January 2006

6

A2009-20

22 September 2009








© Australian Capital Territory 2012

ACT
Crest high res small
Australian Capital Territory

A1962-4

Republication No 7

Effective: 30 January 2012

Republication date: 30 January 2012

Last amendment made by A2010-15







Unauthorised version prepared by ACT Parliamentary Counsel's Office
About this republication

The republished law

This is a republication of the Mercantile Law Act 1962

(including any amendment made under the Legislation Act 2001

, part 11.3 (Editorial changes)) as in force on 30 January 2012

. It also includes any commencement, amendment, repeal or expiry affecting this republished law to 30 January 2012

.

The legislation history and amendment history of the republished law are set out in endnotes 3 and 4.

Kinds of republications

The Parliamentary Counsel's Office prepares 2 kinds of republications of ACT laws (see the ACT legislation register at www.legislation.act.gov.au

):

              • authorised republications to which the Legislation Act 2001

applies

              • unauthorised republications.

The status of this republication appears on the bottom of each page.

Editorial changes

The Legislation Act 2001

, part 11.3 authorises the Parliamentary Counsel to make editorial amendments and other changes of a formal nature when preparing a law for republication. Editorial changes do not change the effect of the law, but have effect as if they had been made by an Act commencing on the republication date (see Legislation Act 2001

, s 115 and s 117). The changes are made if the Parliamentary Counsel considers they are desirable to bring the law into line, or more closely into line, with current legislative drafting practice.

This republication includes amendments made under part 11.3 (see endnote 1).

Uncommenced provisions and amendments

If a provision of the republished law has not commenced, the symbol  U  appears immediately before the provision heading. Any uncommenced amendments that affect this republished law are accessible on the ACT legislation register (www.legislation.act.gov.au

). For more information, see the home page for this law on the register.

Modifications

If a provision of the republished law is affected by a current modification, the symbol  M  appears immediately before the provision heading. The text of the modifying provision appears in the endnotes. For the legal status of modifications, see the Legislation Act 2001

, section 95.

Penalties

At the republication date, the value of a penalty unit for an offence against this law is $110 for an individual and $550 for a corporation (see Legislation Act 2001

, s 133).

ACT
Crest high res small
Australian Capital Territory

Mercantile Law Act 1962


Endnotes20

ACT
Crest high res small
Australian Capital Territory

Mercantile Law Act 1962



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback