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The Bills of Exchange Act 1882 (45 & 46 Vict. c. 61) is an act of the Parliament of the United Kingdom that codified the law relating to bills of exchange. Bills of exchange are widely used to finance trade and, when discounted with a financial institution, to obtain credit.
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Download as PDF; Printable version; In other projects ... move to sidebar hide. Bills of Exchange Act may refer to: Bills of Exchange Act 1882, United Kingdom; Bills ...
A bill of exchange or "draft" is a written order by the drawer to the drawee to pay money to the payee. A common type of bill of exchange is the cheque (check in American English), defined as a bill of exchange drawn on a banker and payable on demand. Bills of exchange are used primarily in international trade, and are written orders by one ...
The Bills of Exchange Act 1908 is an Act of the New Zealand Parliament which regulates bills of exchange and related promissory notes. It is based on the Imperial Bills of Exchange Act 1882 . [1] The Act also applies to the Realm of New Zealand, which includes the Cook Islands and Niue as well as New Zealand. [2]
According to Section 13 of the Negotiable Instruments Act, "A negotiable instrument means a promissory note, bill of exchange or cheque payable either to order or to bearer." [ 3 ] But in Section 1, it is also described the Local extent, Saving of usage relating to hundis, etc. and Commencement.
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An Act to authorise His Majesty by Proclamation to suspend temporarily the payment of Bills of Exchange and payments in pursuance of other obligations. Aliens Restriction Act 1914 4 & 5 Geo. 5.