ABSTRACT

Discharge of bill 21 59 Payment in due course 21 60 Banker paying demand draft whereon indorsement is forged 21 61 Acceptor the holder at maturity 21 62 Express waiver 21 63 Cancellation 22 64 Alteration of bill 22

Acceptance and payment for honour 22 65 Acceptance for honour supra protest 22 66 Liability of acceptor for honour 22 67 Presentment to acceptor for honour 23 68 Payment for honour supra protest 23

Lost instruments 23 69 Holder’s right to duplicate of lost bill 23 70 Action on lost bill 24

Bill in a set 24 71 Rules as to sets 24

Confl ict of laws 24 72 Rules where laws confl ict 24

P art III Cheques on a banker 25 73 Cheque defi ned 25 74 Presentment of cheque for payment 25 74A Presentment of cheque for payment: alternative place of presentment 25 74B Presentment of cheque for payment: alternative means of presentment by banker 25 74C Cheques presented for payment under s 74B: disapplication of s 52(4) 26 75 Revocation of banker’s authority 26 75A 26

Crossed cheques 26 76 General and special crossings defi ned 26 77 Crossing by drawer or after issue 26 78 Crossing a material part of cheque 27 79 Duties of banker as to crossed cheques 27 80 Protection to banker and drawer where cheque is crossed 27 81 Effect of crossing on holder 28 81A Non-transferable cheques 28 82 [Repealed] 28

P art IV Promissory notes 28 83 Promissory note defi ned 28 84 Delivery necessary 28 85 Joint and several notes 28 86 Note payable on demand 28 87 Presentment of note for payment 29 88 Liability of maker 29 89 Application of Part II to notes 29

P art V Supplementary 29 90 Good faith 29 91 Signature 30 92 Computation of time 30 93 When noting equivalent to protest 30 94 Protest when notary not accessible 30

PART I PRELIMINARY

1 [Omitted].