Instruments Act 1958 (Vic)

Legislation au Victorian Legislation - Acts (VICLegAct) V I C T O R I A N L E G I S L A T I O N

Legislation content

Version No. 123

Instruments Act 1958

No. 6279 of 1958

Version incorporating amendments as at


6 September 2023

TABLE OF PROVISIONS

Section  Page

1Short title and commencement

2Repeal and savings

Part I—Summary proceedings on bills of exchange

3Definitions

4Commencement of proceedings in the Supreme Court

5Appearance may be entered

6Court may allow proceeding to be defended after judgment

7Bill to be deposited in court and plaintiff to give security for costs

8Expenses of noting may be recovered with the bill

9One writ may be issued against all the parties to a bill

10Practice in actions to apply

11Limitation of costs where amount recovered does not exceed $2000

12This Part to apply to actions on bills in County Court and Magistrates' Courts

13Leave of judge necessary for more than one action on two or more matured bills

Part II—Instruments connected with gaming, etc., transactions

14Certain instruments deemed to have been given for an illegal consideration

Part III—Policies and contracts of insurance

Division 1—Marine policies

15No assurance to be made on ships etc.

16Re-assurance of sea risks allowed

17Plaintiff to declare within fifteen days what sums he had assured

18No policy to be made on any ship without inserting the name of one or more persons interested

19Policies made contrary to this Act void

20Policies covered by Commonwealth Act excluded

Division 2—Life and other policies

21No insurance to be made unless insurer has interest

22No policy without inserting names

23How much may be recovered

24Not to extend to ships etc.

Division 3—Other provisions relating to insurance contracts

25Insurance contracts other than life insurance contracts

26Life insurance contracts

27Maintenance of proceedings under insurance contracts

28Arbitration

29Division to apply to all contracts of insurance

Part IV—Bonds

30Actions on bonds etc.

Part V—Public contracts

31Effect of public contracts of Ministers or officers

Part VA—Corporate bodies contracts

31AFormalities of making, varying or discharging a contract

Part XII—Miscellaneous promises etc. required to be in writing

126Certain agreements to be in writing

128Representations of character

129Consideration for guarantee need not appear in writing

130Liability of members of unregistered companies

Part XIII—Contracts relating to the carriage of passengers by water

131Definitions

132Contracts for carriage of passengers by water

133Contracting out not allowed

134Construction and jurisdiction

135Owners of ships not to insert illegal conditions in contracts

Part XIV—Supplementary

136Validation of certain transactions in banking shares

137Abolition of warrants of attorney

138Power to Registrar-General to destroy or dispose of documents

138ATransitional provision

139Fees, searches and regulations

Part XV—Savings and transitional provisions—Personal Property Securities (Statute Law Revision and Implementation) Act 2010

Division 1—Definitions

141Definitions

Division 2—Liens on crops

142Effect of repeal on existing liens

Division 3—Liens on wool and mortgages of stock

143Effect of repeal on existing liens

144Effect of repeal on existing mortgages

Schedules

First Schedule

Second Schedule

Schedule 12—General power of attorney

═══════════════

Endnotes

1      General information

2      Table of Amendments

3      Explanatory details

Version No. 123

Instruments Act 1958

No. 6279 of 1958

Version incorporating amendments as at


6 September 2023

An Act to consolidate the Law relating to…

Continue reading Instruments Act 1958 (Vic)

Sign in free to access the full text

Citations

Interactions

Authorises

All Versions

Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.