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Bills of Exchange Act 1909

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
Acceptance

means an acceptance completed by delivery or notification.

Bills of Exchange Act 1909
Action

includes counter‐claim and set‐off.

Bills of Exchange Act 1909
Australasia

means Australia, and any Territory, New Zealand, and the Fiji Islands.

Bills of Exchange Act 1909
Banker

includes a body of persons, whether incorporated or not, who carry on the business of banking.

Bills of Exchange Act 1909
Bankrupt

means any person whose estate is vested in a trustee or assignee under the law for the time being in force relating to bankruptcy or insolvency.

Bills of Exchange Act 1909
Bearer

means the person in possession of a bill or note which is payable to bearer.

Bills of Exchange Act 1909
Bill

means bill of exchange.

Bills of Exchange Act 1909
Delivery

means transfer of possession, actual or constructive, from one person to another.

Bills of Exchange Act 1909
Holder

means the payee or indorsee of a bill or note who is in possession of it, or the bearer thereof.

Bills of Exchange Act 1909
Indorsement

means an indorsement completed by delivery.

Bills of Exchange Act 1909
Issue

means the first delivery of a bill or note, complete in form, to a person who takes it as a holder.

Bills of Exchange Act 1909
Note

means promissory note.

Bills of Exchange Act 1909
Person

includes a body of persons whether incorporated or not.

Bills of Exchange Act 1909
Value

means valuable consideration.

Bills of Exchange Act 1909
Written

includes printed, and

writing

includes print.

Bills of Exchange Act 1909

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