49
In forceTermination of lien
Part ISale of goods
Division 5Rights of unpaid seller against the goods
49 Termination of lien
(1)
The unpaid seller of goods loses his lien thereon—
(a)
when he delivers the goods to a carrier or other bailee for the purpose of transmission to the buyer without reserving the right of disposal of the goods;
(b)
when the buyer or his agent lawfully obtains possession of the goods;
(c)
by waiver thereof.
S. 49(2) amended by No. 6505 s. 2.
(2)
The unpaid seller of goods having a lien thereon does not lose his lien by reason only that he has obtained judgment for the price of the goods.
Stoppage in transitu
No. 3694 s. 48.
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