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BILLS OF EXCHANGE ACT 1882 - SECT 18 

Time for acceptance.

18. A bill may be accepted

(1)Before it has been signed by the drawer, or while otherwise incomplete:

(2)When it is overdue, or after it has been dishonoured by a previous refusal
to accept, or by non-payment:

(3)When a bill payable after sight is dishonoured by non-acceptance, and the
drawee subsequently accepts it, the holder, in the absence of any different
agreement, is entitled to have the bill accepted as of the date of first
presentment to the drawee for acceptance.

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© 1882 Crown Copyright

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