Contract and Commercial Law Act 2017

Sale of goods - Effects of contract - Transfer of title

150: Market overt

You could also call this:

“Rule about keeping things bought in markets doesn't work in New Zealand”

You should know that the law about market overt doesn’t work in New Zealand. Market overt was an old rule that said if you bought something in an open market, you could keep it even if it was stolen. But in New Zealand, this rule doesn’t apply. This means that if you buy something that turns out to be stolen, you might have to give it back, even if you bought it in a public market.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6844346.


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149: Sale by person who is not owner, or

"When someone sells something they don't own, you might not get to keep it"


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151: Sale under voidable title, or

"Buying things from someone who might not be allowed to sell them"

Part 3 Sale of goods
Effects of contract: Transfer of title

150Market overt

  1. The law relating to market overt does not apply in New Zealand.

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