South Australian Consolidated Acts

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BILLS OF SALE ACT 1886 - SECT 12B

12B—Joint and several entitlement of grantees

Where two or more persons are registered as the grantees of a bill of sale executed before the registration commencement time, they are severally as well as jointly entitled to—

            (a)         the payment of principal and interest secured by the bill of sale; and

            (b)         the observance and performance of the covenants, terms, conditions or agreements, whether expressed or implied, in the bill of sale,

except insofar as a contrary intention is expressed in the bill of sale.



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