Factors (Scotland) Act 1890 (1890 c. 40)

1 Application of 52 & 53 Vict. c. 45. to Scotland.

Subject to the following provisions, the Factors Act, 1889, shall apply to Scotland:—

[M1] 1889 c. 45.

(1) The expression “lien” shall mean and include right of retention; the expression “vendor’s lien” shall mean and include any right of retention competent to the original owner or vendor; and the expression “set off” shall mean and include compensation.

(2) In the application of section five of the recited Act, a sale, pledge, or other disposition of goods shall not be valid unless made for valuable consideration.

2 Short title.

This Act may be cited as the Factors (Scotland) Act, 1890.