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BILLS OF EXCHANGE ACT 1882 - SECT 19

General and qualified acceptances.

19.(1) An acceptance is either (a) general or (b) qualified.

(2) A general acceptance assents without qualification to the order of the
drawer. A qualified acceptance in express terms varies the effect of the bill
as drawn.

In particular an acceptance is qualified which is

(a)conditional, that is to say, which makes payment by the acceptor dependent
on the fulfilment of a condition therein stated:

(b)partial, that is to say, an acceptance to pay part only of the amount for
which the bill is drawn:

(c)local, that is to say, an acceptance to pay only at a particular specified
place:

An acceptance to pay at a particular place is a general acceptance, unless it
expressly states that the bill is to be paid there only and not elsewhere:

(d)qualified as to time:

(e)the acceptance of some one or more of the drawees, but not of all.

© 1882 Crown Copyright

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