CTHRepealedAct
Secret Commissions Act 1905
3Interpretation
Start here
Get a plain-English read of 3
Turn the raw legal text into a practical explanation grounded in Secret Commissions Act 1905.
##### 3 Interpretation
In this Act:
> Agency has a meaning corresponding with that of agent.
> Agent includes any corporation, firm, or person employed by or acting or having been acting or desiring or intending to act for or on behalf of any other corporation, firm, or person, whether as agent, partner, factor, broker, servant, trustee, director, or in any other capacity, and whether he acts in the name of the principal or in any other name, and in the case of a firm includes a member of the firm. It also includes a person serving under the Crown.
> Consideration means valuable consideration of any kind, and particularly includes discounts, commission and rebates, bonuses, deductions and percentages, and also employment or an agreement to give employment in any capacity.
> Full knowledge means knowledge of all material facts and circumstances.
> Principal includes a corporation, firm, or person who employs the agent or for or on behalf of whom the agent acts or has been acting or desires or intends to act.