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bruneilawsby aturio
In force2023 Revised Edition
Contents

Part 2

10. Bill payable on demand

(1)

A bill is payable on demand —

(a)

which is expressed to be payable on demand, or at sight, or on presentation; or

(b)

in which no time for payment is expressed.

(2)

Where a bill is accepted or indorsed when it is overdue, it shall, as regards the acceptor who so accepts, or any indorser who indorses it, be deemed a bill payable on demand.

Report

Read on from s 11

Part

Cheques on Banker

Read on from Part

Part

Promissory Notes

Read on from Part

Part

Supplementary

Read on from Part