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BILLS OF EXCHANGE ACT 1882 - SECT 20

Inchoate instruments.

20.(1) Where a simple signature on a blank... paper is delivered by the signer
in order that it may be converted into a bill, it operates as a prima8 facie
authority to fill it up as a complete bill for any amount..., using the
signature for that of the drawer, or the acceptor, or an indorser; and, in
like manner, when a bill is wanting in any material particular, the person in
possession of it has a prima8 facie authority to fill up the omission in any
way he thinks fit.

(2) In order that any such instrument when completed may be enforceable
against any person who became a party thereto prior to its completion, it must
be filled up within a reasonable time, and strictly in accordance with the
authority given. Reasonable time for this purpose is a question of fact.

Provided that if any such instrument after completion is negotiated to a
holder in due course it shall be valid and effectual for all purposes in his
hands, and he may enforce it as if it had been filled up within a reasonable
time and strictly in accordance with the authority given.

© 1882 Crown Copyright

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