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 17 

Definition and requisites of acceptance.

17.(1) The acceptance of a bill is the signification by the drawee of his
assent to the order of the drawer.

(2) An acceptance is invalid unless it complies with the following conditions,
namely:

(a)It must be written on the bill and be signed by the drawee. The mere
signature of the drawee without additional words is sufficient.

(b)It must not express that the drawee will perform his promise by any other
means than the payment of money.

[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/s17.html