Usury, Bills of Lading, and Written Memoranda (Amendment) Act 1989 (NSW)

USURY, BILLS OF LADING, AND WRITTEN

MEMORANDA (AMENDMENT) ACT 1989 No* 37

NEW SOUTH WALES

TABLE OF PROVISIONS

1. Short title

2. Commencement

3. Principal Act

4.      Amendment of Principal Act

5. Transitional

USURY, BILLS OF LADING, AND WRITTEN MEMORANDA

(AMENDMENT) ACT 1989 No. 37

NEW SOUTH WALES

m f..,

Act No. 37, 1989

An Act to amend the Usury, Bills of Lading, and Written Memoranda Act 1902 so as to omit provisions relating to representations as to credit. [Assented to 10 May 1989]

2   Act No. 37

Usury, Bills of Lading, and Written Memoranda (Amendment) 1989

The Legislature of New South Wales enacts:

Short title

1.     This Act may be cited as the Usury, Bills of Lading, and Written

Memoranda (Amendment) Act 1989.

Commencement

2.     This Act commences on a day to be appointed by proclamation.

Principal Act

3. The Usury, Bills of Lading, and Written Memoranda Act 1902 is

referred to in this Act as the Principal Act.

Amendment of Principal Act

4. The Principal Act is amended by omitting sections 10 and 12 and

the italicised headings following sections 8a and 12.

Transitional

(1) The repeal of section 10 of the Principal Act does not allow an action to be brought against a person in respect of any representation or assurance that was made or given before the commencement of this Act and that is not in writing or was not signed by that person.

5.

(2) The repeal of section 12 of the Principal Act does not have the effect of making any instrument liable to stamp duty or inadmissible in evidence because of failure to pay stamp duty.

[Minister's second reading speech made in—

Legistative Assembly on 4 April 1989

Legislative Council on 2 May 1989]