THE HONGKONG GOVERNMENT GAZETTE, 9TH MAY, 1885.
Bills of Exchange Ordinance, 1885.
ARRANGEMENT OF SECTIONS.
PART I
PRELIMINARY.
Section.
1. Short title.
2. Interpretation of terms.
PART II.
BILLS OF EXCHANGE.
Form and Interpretation.
3. Bill of Exchange defined.
4. Inland and foreign bills.
5. Effect where different parties to bill are the same person.
6. Address to drawee.
7. Certainty required as to payee.
8. What bills are negotiable.
9. Sum payable.
10. Bill payable on demand.
11. Bill payable at a future time.
12. Omission of date in bill payable after date.
13. Ante-dating and post-dating.
14. Computation of time of payment.
15. Case of need.
16. Optional stipulations by drawer or indorser.
17. Definition and requisites of acceptance.
18. Time for acceptance.
19. General and qualified acceptances.
20. Inchoate instruments.
21. Delivery.
Capacity and Authority of Parties.
22. Capacity of parties.
23. Signature essential to liability.
24. Forged or unauthorised signature.
25. Procuration signatures.
26. Person signing as agent or in representative capacity.
The Consideration for a Bill.
27. Value, and holder for value.
28. Accommodation bill or party.
29. Holder in due course.
30. Presumption of value and good faith.
Negotiation of Bills.
31. Negotiation of bill.
32. Requisites of a valid indorsement.
33. Conditional indorsement.
34. Indorsement in blank and special indorsement.
35. Restrictive indorsement.
36. Negotiation of over-due or dishonoured bill.
37. Negotiation of bill to party already liable thereon.
38. Rights of the holder.
General duties of the Holder.
39. When presentment for acceptance is necessary.
40. Time for presenting bill payable after sight.
41. Rules as to presentment for acceptance and excuses for non-presentment.
42. Non-acceptance.
43. Dishonour by non-acceptance and its consequences.
44. Duties as to qualified acceptances.
45. Rules as to presentment for payment.
46. Excuses for delay or non-presentment for payment.
47. Dishonour by non-payment.
48. Notice of dishonour and effect of non-notice.
49. Rules as to notice of dishonour.
50. Excuses for non-notice and delay.
51. Noting or protest of bill.
52. Duties of holder as regards drawee or acceptor.
427
THE HONGKONG GOVERNMENT GAZETTE, 9TH MAY, 1885.
Bills of Exchange Ordinance, 1885.
ARRANGEMENT OF SECTIONS.
PART I
PRELIMINARY.
Section.
1. Short title.
2. Interpretation of terms.
PART II.
BILLS OF EXCHANGE.
Form and Interpretation.
3. Bill of Exchange defined.
4. Inland and foreign bills.
5. Effect where different parties to bill are the same person.
6. Address to drawec.
7. Certainty required as to payec.
8. What bills are negotiable.
9. Sum payable.
10. Bill payable on demand.
11. Bill payable at a future time.
12. Omission of date in bill payable after date.
13. Ante-dating and post-dating.
14. Computation of time of payment.
15. Case of need.
16. Optional stipulations by drawer or indorser.
17. Definition and requisites of acceptance.
18. Time for acceptance.
19. General and qualified acceptances.
20. Inchoate instruments.
21. Delivery.
Capacity and Authority of Parties.
22. Capacity of parties,
23. Signature essential to liability.
24. Forged or unauthorised signature.
25. Procuration signatures.
26. Person signing as agent or in representative capacity.
The Consideration for a Bill.
27. Value, and holder for value.
28. Accommodation bill or party.
29. Holder in due course.
30. Presumption of value and good faith.
Negotiation of Bills.
31. Negotiation of bill.
32. Requisites of a valid indorsement.
33. Conditional indorsement.
34. Indorsement in blank and special indorsement.
35. Restrictive indorsement.
36. Negotiation of over-duc or dishonoured bill.
37. Negotiation of bill to party already liable thereon. 38. Rights of the holder.
General duties of the Holder.
39. When presentment for acceptance is necessary.
40. Time for presenting bill payable after sight.
41. Rules as to presentment for acceptance and excuses for
non-presentincut.
42. Non-acceptance.
43. Dishonour by non-acceptance and its consequences.
44. Duties as to qualified acceptances.
45. Rules as to presentment for payment.
46. Exenses for delay or nou-prosentiment for payment.
47. Dishonour by non-payment.
48. Notice of dishonour and effect of non-notice.
49. Rules as to notice of dishonour.
50. Exenses for non-notice and delay.
51. Noting or protest of bill.
52. Duties of holder as regards drawee or acceptor.
427
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