Purpose of the Act. The Act establishes legal provisions regarding bills of ladingkey documents in shipping and tradeparticularly focusing on the rights and liabilities of consignees and endorsees when property in the goods is transferred.
What is legally required on a bill of lading?
A bill of lading is a legal document issued by the carrier to the shipper. It outlines various details about the goods being shipped from one destination to another. It also serves as a shipment receipt when the goods are delivered to their final destination.
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A New International Standard on Trade-Based Money
by RS Delston 2012 Cited by 22 Despite the serious and growing concern within the AML/CFT field and FATF over the widespread abuse of the international trade system to legitimize the proceeds
(2) Monetary instruments do not include warehouse receipts or bills of lading. bill for, a good or service through a clearance and settlement system by
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