1964_BILLS_OF_EXCHANGE_ORDINANCE — Page 3

HK Historical Laws 香港歷史法例 All AI Reviewed
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CAP. 19]
Bills of Exchange.
[1964 Ed.

Section. Page.
Consideration for bill.
27. Value and holder for value 12
28. Accommodation party 13
29. Holder in due course 13
30. Presumption of value and good faith 13
Negotiation of bill.
31. Negotiation of bill 14
32. Requisites of valid indorsement 14
33. Conditional indorsement 15
34. Indorsement in blank and special indorsement 15
35. Restrictive indorsement 15
***
36. Negotiation of overdue or dishonoured bill 16
37. Negotiation of bill to party already liable thereon 16
38. Rights and powers of holder 16
General duties of the holder.
39. When presentment for acceptance is necessary 17
40. Time for presenting bill payable after sight 17
41. Rules as to presentment for acceptance, and excuses for non-present- 17
42. Non-acceptance 17
43. Dishonour by non-acceptance and its consequences 18
44. Duties as to qualified acceptances ... 18
45. Rules as to presentment for payment 18
46. Excuses for delay or non-presentment for payment 19
47. Dishonour by non-payment 20
48. Notice of dishonour and effect of non-notice 20
49. Rules as to notice of dishonour 20
50. Excuses for non-notice and delay 20
51. Noting or protest of bill 22
52. Duties of holder as regards drawee or acceptor 23
Liabilities of parties.
53. Funds in hands of drawee 24
54. Liability of acceptor 24
55. Liability of drawer or indorser 24
56. Stranger signing bill liable as indorser 25
57. Measure of damages against parties to dishonoured bill 25
58. Transferor by delivery and transferee 26

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CAP. 19] Bills of Exchange. [1964 Ed. Section. Page. Consideration for bill. 27. Value and holder for value 12 28. Accommodation party 13 29. Holder in due course 13 30. Presumption of value and good faith 13 Negotiation of bill. 31. Negotiation of bill 14 32. Requisites of valid indorsement 14 33. Conditional indorsement 15 34. Indorsement in blank and special indorsement 15 35. Restrictive indorsement 15 *** 36. Negotiation of overdue or dishonoured bill 16 37. Negotiation of bill to party already liable thereon 16 38. Rights and powers of holder 16 General duties of the holder. 39. When presentment for acceptance is necessary 17 40. Time for presenting bill payable after sight 17 41. Rules as to presentment for acceptance, and excuses for non-present- 17 42. Non-acceptance 17 43. Dishonour by non-acceptance and its consequences 18 44. Duties as to qualified acceptances ... 18 45. Rules as to presentment for payment 18 46. Excuses for delay or non-presentment for payment 19 47. Dishonour by non-payment 20 48. Notice of dishonour and effect of non-notice 20 49. Rules as to notice of dishonour 20 50. Excuses for non-notice and delay 20 51. Noting or protest of bill 22 52. Duties of holder as regards drawee or acceptor 23 Liabilities of parties. 53. Funds in hands of drawee 24 54. Liability of acceptor 24 55. Liability of drawer or indorser 24 56. Stranger signing bill liable as indorser 25 57. Measure of damages against parties to dishonoured bill 25 58. Transferor by delivery and transferee 26
Baseline (Original)
2 CAP. 19] Bills of Exchange. [1964 Ed. Section. Page. Consideration for bill. 27. Value and holder for value 12 28. Accommodation party 13 29. Holder in due course 13 30. Presumption of value and good faith 13 Negotiation of bill. 31. Negotiation of bill 32. Requisites of valid indorsement 33. Conditional indorsement 10 34. Indorsement in blank and special îndorsement 35. Restrictive indorsement *** 36. Negotiation of overdue or dishonoured bill 37. 38. Negotiation of bill to party already liable thereon Rights and powers of holder : 4 : : 14 14 15 15 15 ,ī རྗ 15 16 16 General duties of the holder. 39. When presentment for acceptance is necessary 16 40. Time for presenting bill payable after sight 17 41. Rules as to presentment for acceptance, and excuses for non-present- 42. 43. ment Non-acceptance Dishonour by non-acceptance and its consequences 17 17 444 18 44. Duties as to qualified acceptances ... 18 45. Rules as to presentment for payment 18 46. 47. 48. 49. Excuses for delay or non-presentment for payment Dishonour by non-payment Notice of dishonour and effect of non-notice Rules as to notice of dishonour Excuses for non-notice and delay Noting or protest of bill 19 20 20 50. 51. 52. Duties of holder as regards drawee or acceptor Liabilities of parties. 53. Funds in hands of drawee 54. Liability of acceptor 413 55. Liability of drawer or indorser 56. Stranger signing bill liable as indorser 57. 58. Measure of damages against parties to dishonoured bill Transferor by delivery and transferee A M FHS 4:5 :. : : : 4: 4 : : 20 22 23 : 24 24 24 25 25 25 26
2026-05-04 07:26:18 · Baseline
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2

CAP. 19]

Bills of Exchange.

[1964 Ed.

Section.

Page.

Consideration for bill.

27.

Value and holder for value

12

28.

Accommodation party

13

29.

Holder in due course

13

30.

Presumption of value and good faith

13

Negotiation of bill.

31.

Negotiation of bill

32.

Requisites of valid indorsement

33.

Conditional indorsement

10

34.

Indorsement in blank and special îndorsement

35.

Restrictive indorsement

***

36.

Negotiation of overdue or dishonoured bill

37.

38.

Negotiation of bill to party already liable thereon

Rights and powers of holder

:

4

:

:

14

14

15

15

15

,ī རྗ

15

16

16

General duties of the holder.

39.

When presentment for acceptance is necessary

16

40.

Time for presenting bill payable after sight

17

41.

Rules as to presentment for acceptance, and excuses for non-present-

42.

43.

ment

Non-acceptance

Dishonour by non-acceptance and its consequences

17

17

444

18

44.

Duties as to qualified acceptances

...

18

45.

Rules as to presentment for payment

18

46.

47.

48.

49.

Excuses for delay or non-presentment for payment

Dishonour by non-payment

Notice of dishonour and effect of non-notice

Rules as to notice of dishonour

Excuses for non-notice and delay

Noting or protest of bill

19

20

20

50.

51.

52.

Duties of holder as regards drawee or acceptor

Liabilities of parties.

53.

Funds in hands of drawee

54.

Liability of acceptor

413

55.

Liability of drawer or indorser

56.

Stranger signing bill liable as indorser

57.

58.

Measure of damages against parties to dishonoured bill

Transferor by delivery and transferee

A

M

FHS

4:5

:.

:

:

:

4:

4

:

:

20

22

23

:

24

24

24

25

25

25

26

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