BAILII [Home] [Databases] [World Law] [Search] [Feedback]

Northern Irish Legislation

You are here:  BAILII >> Databases >> Northern Irish Legislation >> BILLS OF EXCHANGE ACT 1882

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]


BILLS OF EXCHANGE ACT 1882 - SECT 5

Effect where different parties to bill are the same person.

5.(1) A bill may be drawn payable to, or to the order of, the drawer; or it
may be drawn payable to, or to the order of, the drawee.

(2) Where in a bill drawer and drawee are the same person, or where the drawee
is a fictitious person or a person not having capacity to contract, the holder
may treat the instrument, at his option, either as a bill of exchange or as a
promissory note.


[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

© 1882 Crown Copyright

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/boea1882148/s5.html