chapter  9
26 Pages

FORMALITIES OF THE AGREEMENT

Certain formalities are, however, required for sales of goods which also fall within the following categories:11

1. Regulated conditional or credit sales (see para 9.06, et seq.). 2. Sales of an interest in land (see para 9.03). 3. Documentary sales to individuals are caught by the Bills of Sale Acts and must

also comply with the rules there laid down, subject to the following distinction: (a) In essence, the Bills of Sale Act 1978 applies to documentary sales; that is,

sales recorded in writing (a bill of sale) where there is no transfer of possession from seller to buyer. Such absolute transfers fall within the SGA (SGA, s 62(3)) and must also comply with the formalities of the 1878 Act). They are relevant to insolvency of the seller (see para 19.22).