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In force2023 Revised Edition
Contents

Part 2

42. Non-acceptance

Where a bill is duly presented for acceptance and is not accepted within the customary time, the person presenting it must treat it as

Bills of Exchange dishonoured by non-acceptance. If he does not, the holder shall lose his right of recourse against the drawer and indorsers.

Report

Part

Cheques on Banker

Part

Promissory Notes

Part

Supplementary