Sale of Goods Act 1893

Sale and agreement to sell.


1.(1) A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a money consideration, called the price. There may be a contract of sale between one part owner and another.

(2) A contract of sale may be absolute or conditional.

(3) Where under a contract of sale the property in the goods is transferred from the seller to the buyer the contract is called a sale; but where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled the contract is called an agreement to sell.

(4) An agreement to sell becomes a sale when the time elapses or the conditions are fulfilled subject to which the property in the goods is to be transferred.

F1[(5) This section shall not apply to a contract to which Part 2 of the Consumer Rights Act 2022 applies.]




Inserted (29.11.2022) by Consumer Rights Act 2022 (37/2022), s. 176(1) and sch. 6 part 1 ref. 1, S.I. No. 596 of 2022, subject to transitional provision in s. 9(1)(a).