s 15
In forceStipulation as to time
Part IIFormation of the contract
Division 4Conditions and warranties
15 Stipulation as to time
(1)
Unless a different intention appears from the terms of the contract, stipulations as to time of payment are not deemed to be of the essence of a contract of sale.
(2)
Whether any other stipulation as to time is of the essence of the contract depends on the terms of the contract.
(3)
In a contract of sale month means prima facie calendar month.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.