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BILLS OF EXCHANGE ACT 1882 - SECT 64

Alterations of bill.

64.(1) Where a bill or acceptance is materially altered without the assent of
all parties liable on the bill, the bill is avoided except as against a party
who has himself made, authorised, or assented to the alteration, and
subsequent indorsers.

Provided that,

Where a bill has been materially altered, but the alteration is not apparent,
and the bill is in the hands of a holder in due course, such holder may avail
himself of the bill as if it had not been altered, and may enforce payment of
it according to its original tenor.

(2) In particular the following alterations are material, namely, any
alteration of the date, the sum payable, the time of payment, the place of
payment, and, where a bill has been accepted generally, the addition of a
place of payment without the acceptor's assent.

Acceptance for honour supra0 protest.

© 1882 Crown Copyright

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