Bills of Exchange Act definition
Examples of Bills of Exchange Act in a sentence
In the event that any cheque "bounces" or is otherwise dishonoured, the School will serve formal notice of the non-payment to the Parents and reserves the right to commence proceedings for recovery of the sum owed under the Bills of Exchange Act 1882 or otherwise in the event the School is not put in funds within 14 days of such notice.
For greater certainty, e-Transfers and e-Transfer Request Moneys are not bills of exchange and no part of this Service is subject to the Bills of Exchange Act (Canada).
Changes to legislation: There are currently no known outstanding effects for the Bills of Exchange Act 1882.
Order Notes may be transferred only by the negotiation of the Order Certificate representing and embodying such Order Notes (by way of the Endorsement of such Order Certificate by the old Payee and the delivery of such Order Certificate to the new Payee), as contemplated in the Bills of Exchange Act.
While the compatibility of Article 3 of the UCC with English law is outside the scope of this paper, the authors speculate that the fit would be rather good, as the ancestry of Article 3 is largely the Bills of Exchange Act (1882).
In addition, you agree that each Image is an official image within the meaning of the Bills of Exchange Act (Canada) and will be used for all purposes as an eligible bill under that act.
Acceptance” and “B/A” shall mean a non-interest bearing instrument denominated in Canadian dollars, drawn by the Canadian Borrower, and accepted by a Multicurrency Lender in accordance with this Agreement, and shall include a depository note within the meaning of the Depository Bills and Notes Act (Canada) and a bill of exchange within the meaning of the Bills of Exchange Act (Canada).
For example, certificates of deposit being single party debt obligations are usually structured as promissory notes to satisfy the definition of ‘promissory note’ in s89 of the Bills of Exchange Act 1909 (Bills of Exchange Act).
You hereby waive any right to physical presentment of cheques for payment notwithstanding the provisions of the Bills of Exchange Act (“BEA”).
These are the Bank of Jamaica Act (BoJ Act), 1960 with latest amendments; Payment Clearing and Settlement Act (PCS Act), 2010; Government Securities Dematerialization Act (GSD Act), 2010; Financial Services Commission Act (FSC Act), 2001; the Securities Act, 1993 with latest amendments and the Bills of Exchange Act, 1893 with latest amendments.