This Act may be cited as the Mercantile Law Amendment Act 1922, and shall be read together with and deemed part of The Mercantile Law Act 1908.

In this section the expression received for shipment bill of lading means a shipping document issued in accordance wih the provisions of this section, signed by a person purporting to be authorised to sign the same, and acknowledging that the goods to which the document relates have been received for shipment.

No received for shipment bill of lading shall be issued—

but the issue of a received for shipment bill of lading shall be sufficient evidence until the contrary is proved that the requirements of this subsection have been complied with.

Every received for shipment bill of lading shall contain a provision that, in the event of the goods being unavoidably shut out from the named ship, the shipowner shall forward the goods by his next available ship, or, at his option, by a ship of some other owner, or by a ship sailing within a specified number of days, but otherwise on the same terms and conditions, mutatis mutandis, as if the goods were actually shipped by the named ship.

Every received for shipment bill of lading shall for all purposes be deemed to be a valid bill of lading with the same effect and capable of negotiation in all respects and with the same consequences as if it were a bill of lading acknowledging that the goods to which it relates had been actually shipped on board.