No: 3 of 1885:
Interpretation
[cf. No. 7 of 1891.]
2. In this Ordinance,
BILLS OF EXCHANGE.
(a) "Acceptance" means an acceptance completed by delivery, or notification.
(b) "Action" means action or suit and includes counter-claim and set-off.
(c) "Banker" includes a body of persons, whether incorporated or not, who carry on the business of banking.
(d) "Bankrupt" includes any person whose estate is vested in a trustee or assignee under the law relating to bankruptcy.
(e) "Bearer" means the person in possession of a bill or note which is payable to bearer.
(f) "Bill" means bill of exchange, and "note" means promissory note.
(g) "Delivery" means transfer of possession, actual or constructive, from one person to another.
(h) "General holiday" has the same meaning as in the Ordinance Holidays Ordinance, 1912.
No. 5 of 1912.
Definition of bill of exchange.
(i) "Holder" means the payee or indorsee of a bill or note who is in possession of it, or the bearer thereof.
(j) "Indorsement" means an indorsement completed by delivery.
(k) "Issue" means the first delivery of a bill or note, complete in form, to a person who takes it as a holder.
(l) "Person" includes a body of persons, whether incorporated or not.
(m) "Value" means valuable consideration.
PART II.
BILLS OF EXCHANGE.
Form and interpretation.
3.-(1) A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to, or to the order of, a specified person or to bearer.
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No: 3 of 1885:
Interpreta
tion
[cf. No. 7 of 1891.]
2. In this Ordinance,
BILLS OF EXCHANGE.
(a) "Acceptance" means an acceptance completed by delivery, or notification.
(b)"Action" means action or suit and includes counter- claim and set-off.
(c) "Banker" includes a body of persons, whether incor- porated or not, who carry on the business of banking.
(d) Bankrupt" includes any person whose estate is vest- ed in a trustee or assignee under the law relating to bank- ruptcy.
(e)
'Bearer" means the person in possession of a bill or note which is payable to bearer.
(f) "Bill" means bill of exchange, and "note
note" means promissory note.
(g)
Delivery" means transfer of possession, actual or constructive, from one person to another.
(h) General holiday" has the same meaning as in the Ordinance Holidays Ordinance, 1912.
No. 5 of 1912.
Definition of bill of
exchange.
(2) "Holder" means the payee or indorsee of a bill or note who is in possession of it, or the bearer thereof.
(5) "Indorsement
delivery.
means. an indorsement completed by
(k) "Issue means the first delivery of a bill or note, com- plete in form, to a person who takes it as a holder.
(7) "Person" includes a body of persons, whether in- corporated or not.
(m) "Value" means valuable consideration.
PART II.
BILLS OF EXCHANGE.
Form and interpretation.
3.-(1) A bill of exchange, is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is address- ed to pay on demand or at a fixed or determinable future time a sum certain in money to, or to the order of, a specified person or to bearer. -
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