Lex Cameroon

Acte uniforme portant organisation des procédures collectives d'apurement du passif › Title 0 › Section 7

SECTION 103

Provided that they are in kind, goods deposited and movable property handed over to the debtor either to be sold on the owner’s account or as a deposit, loan, money order or rental or on the basis of any other contract subject to restitution, may be reclaimed. Goods and movable property in kind sold with a clause subjecting the transfer of ownership to the full payment of the price may also be reclaimed where the said clause is an agreement between the parties in a written document and has been duly published in the Trade and Personal Property Credit Register. However, concerning goods and movable property deposited with the debtor to be sold with or without an ownership reserve clause, there shall be no restitution where, before the return of the goods and movable property, the price has been paid in full and immediately by the receiver assisting or representing the debtor, as the case may be. In the case of transfer of the goods and movable property, the price or part of the price payable may be claimed against the sub-purchaser where the price has neither been paid in value nor made up in a current account between the debtor and the sub-purchaser.
Official translation Spot-checked In force from 10 April 1998 Source page 37

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Texte français

This provision has no official French version. You can read an unofficial machine translation — for understanding only, never to quote.

Contents

Section 103 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif /akn/ohada/act/loi/undated/aupcap-1998
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