1964 Ed.]
Bills of Exchange.
[CAP. 19
5
CHAPTER 19.
BILLS OF EXCHANGE.
To codify the law relating to bills of exchange, cheques and
promissory notes.
Originally
9 of 1885. (Cap. 19, 1950.)
7 of 1907.
[4th May, 1885.]
50 of 1911.
51 of 1911.
62 of 1911.
63 of 1911.
PART I.
5 of 1912.
43 of 1912. 4 of 1918.
18 of 1921.
5 of 1924.
9 of 1936.
(Added, 51 of 1911, and 63 of 1911, Schedule)
PRELIMINARY PROVISIONS.
1. This Ordinance may be cited as the Bills of Exchange Ordinance.
55 of 1960.
Short title.
43 & 46 Vict.
c. 61, s. 1.
(Amended, 5 of 1924, s. 6)
2.
In this Ordinance, unless the context otherwise requires- "acceptance" means an acceptance completed by delivery or notification;
"action" means action or suit and includes counterclaim and set-off;
"banker" includes a body of persons, whether incorporated or not, who carry on the business of banking;
"bankrupt" includes any person whose estate is vested in a trustee or assignee under the law relating to bankruptcy; (Amended, 50 of 1911, and 62 of 1911, Schedule)
"bearer" means the person in possession of a bill or note which is payable to bearer;
"bill" means bill of exchange, and "note" means promissory note; "delivery" means transfer of possession, actual or constructive, from one person to another;
"general holiday" has the same meaning as in the Holidays Ordinance; (Added, 5 of 1912, s. 8)
"holder" means the payee or indorsee of a bill or note who is in possession of it, or the bearer thereof;
"indorsement" means an indorsement completed by delivery; "issue" means the first delivery of a bill or note, complete in form, to a person who takes it as a holder;
"person" includes a body of persons, whether incorporated or not; "value" means valuable consideration.
(Amended, 43 of 1912, Schedule)
Interpretation.
45 & 46 Vict.
c. 61, s. 2.
(Cap. 149.)
1964 Ed.]
Bills of Exchange.
[CAP. 19
5
CHAPTER 19.
BILLS OF EXCHANGE.
To codify the law relating to bills of exchange, cheques and
promissory notes.
Originally
9 of 1885. (Cap. 19, 1950.)
7 of 1907.
[4th May, 1885.]
50 of 1911.
51 of 1911.
62 of 1911.
63 of 1911.
PART I.
5 of 1912.
43 of 1912. 4 of 1918.
18 of 1921.
5 of 1924.
9 of 1936.
(Added, 51 of 1911, and 63 of 1911, Schedule)
PRELIMINARY PROVISIONS.
1. This Ordinance may be cited as the Bills of Exchange Ordinance.
55 of 1960.
Short title.
43 & 46 Vict.
c. 61, s. 1.
(Amended, 5 of 1924, s. 6)
2.
In this Ordinance, unless the context otherwise requires- "acceptance" means an acceptance completed by delivery or noti-
fication;
"action" means action or suit and includes counterclaim and
set-off;
"banker" includes a body of persons, whether incorporated or not,
who carry on the business of banking;
"bankrupt” includes any person whose estate is vested in a trustee or assignee under the law relating to bankruptcy; (Amended, 50 of 1911, and 62 of 1911, Schedule)
"bearer" means the person in possession of a bill or note which
is payable to bearer;
"bill" means bill of exchange, and "note" means promissory note; "delivery" means transfer of possession, actual or constructive,
from one person to another;
"general holiday" has the same meaning as in the Holidays
Ordinance; (Added, 5 of 1912, s. 8)
"holder" means the payee or indorsee of a bill or note who is in
possession of it, or the bearer thereof;
“indorsement” means an indorsement completed by delivery; "issue" means the first delivery of a bill or note, complete in form,
to a person who takes it as a holder;
"person" includes a body of persons, whether incorporated or not; "value" means valuable consideration.
(Amended, 43 of 1912, Schedule)
Interpretation.
45 & 46 Vict.
c. 61, s. 2.
(Cap. 149.)
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