[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 62

Express waiver.

62.(1) When the holder of a bill at or after its maturity absolutely and
unconditionally renounces his rights against the acceptor the bill is
discharged.

The renunciation must be in writing, unless the bill is delivered up to the
acceptor.

(2) The liabilities of any party to a bill may in like manner be renounced by
the holder before, at, or after its maturity; but nothing in this section
shall affect the rights of a holder in due course without notice of the
renunciation.

© 1882 Crown Copyright

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/boea1882148/s62.html