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Part IIU.K. Formation of the Contract

[F1Implied terms etc.]U.K.

Textual Amendments

F1Heading preceding ss. 10-14 substituted (3.1.1995) by 1994 c. 35, ss. 7(1), 8(2), Sch. 2 para. 5(10) (with s. 8(3)).

10 Stipulations about time.U.K.

(1)Unless a different intention appears from the terms of the contract, stipulations as to time of payment are not of the essence of a contract of sale.

(2)Whether any other stipulation as to time is or is not of the essence of the contract depends on the terms of the contract.

(3)In a contract of sale “month” prima facie means calendar month.