- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)A document is a “paper trade document” for the purposes of this Act if—
(a)it is in paper form,
(b)it is a document of a type commonly used in at least one part of the United Kingdom in connection with—
(i)trade in or transport of goods, or
(ii)financing such trade or transport, and
(c)possession of the document is required as a matter of law or commercial custom, usage or practice for a person to claim performance of an obligation.
(2)The following are examples of documents that are commonly used as mentioned in subsection (1)(b)—
(a)a bill of exchange;
(b)a promissory note;
(c)a bill of lading;
(d)a ship’s delivery order;
(e)a warehouse receipt;
(f)a mate’s receipt;
(g)a marine insurance policy;
(h)a cargo insurance certificate.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: