the-ordinances-of-the-legislative-counci-1890v2 — Page 149

BILLS OF EXCHANGE. [ 9 OF 1885. ] 739

51. ( 1. ) Where an inland bill has been dishonoured it may, Noting or
if the holder think fit, be noted for non -acceptance or non protest of bill .
payment, as the case may be ; but it shall not be necessary to
note or protest any such bill in order to preserve the recourse
against the drawer or indorser .
(2. ) Where a foreign bill, appearing on the face of it to be
such , has been dishonoured by non -acceptance it must be duly
protested for non - acceptance , and where such a bill, which has
not been previously dishonoured by non -acceptance, is dishon
oured by non -payment it must be duly protested for non
payment. If it be not so protested the drawer and indorsers
are discharged . Where a bill does not appear on the face of it
to be a foreign bill, protest thereof in case of dishonour is
unnecessary .
( 3. ) A bill which has been protested for non -acceptance may
be subsequently protested for non -payment.
( 4. ) Subject to the provisions of this ordinance, when a bill
is noted or protested, it must be noted on the day of its dishonour.
When a bill has been duly noted, the protest may be subsequently
extended as of the date of the noting.
( 5. ) Where the acceptor of a bill becomes bankrupt or
insolvent or suspends payment before it matures, the holder
may cause the bill to be protested for better security against
the drawer and indorsers.

( 6.) A bill must be protested at the place where it is
dishonoured : Provided that

(a.) When a bill is presented through the Post Office, and
returned by post dishonoured ,, it may be protested
at the place to which it is returned and on the day
of its return if received during business hours, and
if not received during business hours, then not
later than the next business day :
( 6. ) When a bill drawn payable at the place of business
or residence of some person other than the drawee,
has been dishonoured by non -acceptance, it must
be protested for non -payment at the place where it
is expressed to be payable, and no further present
ment for payment to, or demand on , the drawee is
necessary.
( 7. ) A protest must contain a copy of the bill , and must be
signed by the notary making it, and must specify—
(a. ) The person at whose request the bill is protested :