Section No :  
Legislative Enactments
BILLS OF EXCHANGE
Marginal Notes
1. This Ordinance may be cited as the Bills of Exchange Ordinance.
2. 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, or acceptance after sight.
13. Presumption as to date of being true date.
14. Computation of time of payment.
15. Case of need.
16. Special stipulations by drawer or indorser restricting liability.
17. Definition and requisites acceptance.
18. Time for acceptance.
19. General and qualified acceptances.
20. Inchoate instruments or blank signatures.
21. Delivery to complete contract.
22. Capacity of parties.
23. Signature essential to liability.
24. Forged or unauthorized signature.
25. Procuration signatures.
26. Persons signing as agent or in representative capacity.
27. Value defined.
28. Accommodation bill or party.
29. Holder in due course.
30. Presumption of value and good faith.
31. Negotiation defined.
32. Requisites of a valid indorsement.
33. Conditional indorsement.
34. Indorsement in blank.
35. Restrictive indorsement.
36. How long bill continues negotiable.
37. Negotiation of bill to party already liable thereon.
38. Rights of the holder.
39. When presentment for acceptance is necessary.
40. Time for presenting bill payable after sight.
41. Rules regarding presentment for acceptance, and excuses for non-presentment.
42. Non-acceptance after customary time.
43. Dishonour by non-acceptance and its consequences.
44. Duties as to qualified acceptances.
45. 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 giving notice of dishonour.
51. Noting inland bill.
52. Duties of holder as regards drawee or acceptor.
53. Funds in hands of drawee.
54. Liability of acceptor.
55. Liability of drawer.
56. Stranger signing bill liable as indorser.
57. Measure of damages against parties to dishonoured bill.
58. Transferor by delivery and transferee.
59. Payment in due course.
60. Banker paying demand draft whereon indorsement is forged.
61. Acceptor the holder at maturity.
62. Express waiver or renunciation.
63. Cancellation.
64. Alteration of bill.
65. Acceptance for honour supra protest.
66. Liability of acceptor for honour.
67. Presentment to acceptor for honour.
68. Payment for honour supra protest.
69. Holder's right to duplicate of lost bill.
70. Action on lost bill.
71. Rules as to sets.
72. Rules where laws conflict.
73. Cheque defined.
74. Presentment of cheque for payment.
75. Revocation of bankers authority.
76. General and special crossings defined.
77. Crossing by drawer or after issue.
78. Crossing a material part of cheque.
79. Duties of banker as to crossed cheque.
80. Protection to banker and drawer where cheque is crossed.
81. Effect of crossing " or "not negotiable" on holder. [6,30 of 1961]
82. Protection to collecting banker.
83. Extension of sections 76 to 82 to certain drafts on bankers.
84. Application of sections 76 to 82 to drafts drawn by a bank on itself.[2,5 of 1955]
85. Promissory note defined.
86. Delivery necessary,
87. Joint and several notes.
88. Note payable on demand,
89. Presentment of note for payment to render maker liable.
90. Liability of maker.
91. Application of part II to notes.
92. Good faith.
93. Signature.
94. Computation of time.
95. When noting equivalent to protest.
96. Protest when notary not accessible.
97. Dividend warrants may be crossed.
98. Savings.