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s 22

Property passes when intended to pass

In force
Part IIIEffects of the contract
Division 1Transfer of property as between seller and buyer

22 Property passes when intended to pass

(1)

Where there is a contract for the sale of specific or ascertained goods, the property in them is transferred to the buyer at such time as the parties to the contract intend it to be transferred.

(2)

For the purpose of ascertaining the intention of the parties regard shall be had to the terms of the contract, the conduct of the parties, and the circumstances of the case.

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