Pongakawa Sawmill Ltd v New Zealand Forest Products Ltd - [1992] 3 NZLR 304

Contract — Sale of goods — Romalpa clause — Condition of sale stipulating that property not to pass until payment made — Logs purchased converted into sawn timber without payment — Whether vendor retained property in sawn timber — Purchaser going into receivership — Sale of Goods Act 1908, ss 19 and 21.