A Synopsis of the Bills of Exchange Acts of England and Wales: And the Colonies of Victoria, New South Wales, South Australia, Queensland, Western Australia, Tasmania and New ZealandMcCarren, Bird, 1892 - 80 pages |
From inside the book
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Page 1
... authority of the same , as follows : For the words in [ ] substitute- Victoria .- [ Legislative Council and the Legislative Assembly of Victoria in this present Parliament assembled ] New South Wales .- [ Legislative Council and ...
... authority of the same , as follows : For the words in [ ] substitute- Victoria .- [ Legislative Council and the Legislative Assembly of Victoria in this present Parliament assembled ] New South Wales .- [ Legislative Council and ...
Page 2
... authority of the same , as follows : [ PART I. - PRELIMINARY . ] Victoria - Omit heading in [ ] 1. This Act may be cited as the Bills of Exchange Act , 1882 . Victoria - For section 1 substitute the following : - Short title , com ...
... authority of the same , as follows : [ PART I. - PRELIMINARY . ] Victoria - Omit heading in [ ] 1. This Act may be cited as the Bills of Exchange Act , 1882 . Victoria - For section 1 substitute the following : - Short title , com ...
Page 14
... authority to fill it up as a complete bill for any amount the stamp will cover , using the signature for that of the drawer , or the acceptor , or an indorser ; * and , † in like manner , ] when a bill is wanting in any material par ...
... authority to fill it up as a complete bill for any amount the stamp will cover , using the signature for that of the drawer , or the acceptor , or an indorser ; * and , † in like manner , ] when a bill is wanting in any material par ...
Page 15
... authority given . [ V. , Q. , W.A. 22. ] 21. ( 1. ) Every contract on a bill , whether it be the Delivery . drawer's , the acceptor's , or an indorser's , is incomplete and revocable , until delivery of the instrument in order to give ...
... authority given . [ V. , Q. , W.A. 22. ] 21. ( 1. ) Every contract on a bill , whether it be the Delivery . drawer's , the acceptor's , or an indorser's , is incomplete and revocable , until delivery of the instrument in order to give ...
Page 16
... Authority of Parties . Victoria . - Insert ( 2 ) before heading . 22. ( 1. ) Capacity to incur liability as a party to a bill ( V. , 9 . , W.A. , 23. ] is co - extensive with capacity to contract . Provided that nothing in this section ...
... Authority of Parties . Victoria . - Insert ( 2 ) before heading . 22. ( 1. ) Capacity to incur liability as a party to a bill ( V. , 9 . , W.A. , 23. ] is co - extensive with capacity to contract . Provided that nothing in this section ...
Other editions - View all
A Synopsis of the Bills of Exchange Acts of England and Wales: And the ... Great Britain No preview available - 2015 |
A Synopsis of the Bills of Exchange Acts of England and Wales: And the ... Great Britain No preview available - 2013 |
Common terms and phrases
42 Vict acceptor for honour Act for declaring Act to amend Acts amending amend the laws appear in small Bank Holidays Act better payment bill is dishonoured bill payable Bills of Exchange change and Promissory cheque is crossed colony Companies Act 1862 crossed specially day of grace deemed discharged dishonoured by non-acceptance drawn payable due course ENACTMENTS Exchange Act existence of variations holder in due individual or firm indorser Inland Bills instrument large type Law relating limited sum ment Mercantile Law Notes and Inland notice of dishonour original English payable on demand payee payment of Inland person presented for payment provisions Queensland Queensland.-For words read Companies read insolvency relation to Bills restrain the negotiation signature small type South Australia South Wales Stamp Act suprà protest Tasmania thereof TITLE OF ACT variations is indicated Variations N.B. Variations N.B.-The text Variations therefrom appear Victoria Victoria.-Insert Western Australia writ Zealand
Popular passages
Page 5 - Perhaps the best definition of a bill of exchange yet conceived is that in the English Bills of Exchange Act, of 1882, which says: "A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand, or at a fixed or determinable future time, a sum certain in money to, or to the order of a specified person, or to bearer.
Page 18 - That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.
Page 28 - Delay in Giving Notice — How Excused Delay in giving notice of dishonor is excused when the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct, or negligence.
Page 15 - But if any such instrument, after completion, is negotiated to a holder in due course, it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authority given and within a reasonable time.
Page 17 - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.
Page 18 - The title of a person who negotiates an instrument is defective within the meaning of this act when he obtained the instrument, or any signature thereto, by fraud, duress or force and fear or other unlawful means, or for an illegal consideration or when he negotiates it in breach of faith, or under such circumstances as amount to a fraud.
Page 19 - In the hands of any holder other than a holder in due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But a holder who derives his title through a holder in due course, and who is not himself a party to any fraud or illegality affecting the instrument, has all the rights of such former holder in respect of all parties prior to the latter.
Page 26 - A bill is dishonored by non-acceptance: 1. When it is duly presented for acceptance, and such an acceptance as is prescribed by this act is refused or cannot be obtained; or 2. When presentment for acceptance is excused, and the bill is not
Page 15 - ... the delivery may be shown to have been conditional or for a special purpose only and not for the purpose of transferring the property in the instrument.
Page 19 - A bill is negotiated when it is transferred from one person to another in such a manner as to constitute the transferee the holder of the bill.