Icon Definitions:

Text match Text match
Confers power Confers power
Blanket amendment Blanket amendment

Welcome to the Revised Statutes of the UK on SLD

This item of legislation is displayed as if you had made a search for a version current at today’s date and applicable to the widest possible geographical extent (that is, anywhere in the UK). If you wish to specify any other search criteria, please use the Advanced search facility. The page you are currently viewing is usually referred to on SLD as the ‘Results within Legislation’ page
(Entries appearing indented and in square brackets indicates provisions for which no version matched the presumed search criteria)

Update Status Warning: There are effects on this legislation that have not yet been applied to the Statute Law Database for the following year(s): 2007, 2009. Please see the Tables of legislative effects for details. See also important information in Update status of legislation.

Help - Opening and Viewing Legislation

        Bills of Exchange Act 1882 (c. 61)
        Introductory Text
        Main body
        Part I Preliminary
        1. Short title.
        2. Interpretation of terms.
        Part II Bills of Exchange
        Form and Interpretation
        3. Bill of exchange defined.
        4. Inland and foreign bills.
        5. Effect where different parties to bill are the same person.
        6. Address to drawee.
        7. Certainty required as to payee.
        8. What bills are negotiable.
        9. Sum payable.
        10. Bill payable on demand.
        11. Bill payable at a future time.
        12. Omission of date in bill payable after date.
        13. Ante-dating and post-dating.
        14. Computation of time of payment.
        15. Case of need.
        16. Optional stipulations by drawer or indorser.
        17. Definition and requisites of acceptance.
        18. Time for acceptance.
        19. General and qualified acceptances.
        20. Inchoate instruments.
        21. Delivery.
        Capacity and Authority of Parties
        22. Capacity of parties.
        23. Signature essential to liability.
        24. Forged or unauthorised signature.
        25. Procuration signatures.
        26. Person signing as agent or in representative capacity.
        The Consideration for a Bill
        27. Value and holder for value.
        28. Accommodation bill or party.
        29. Holder in due course.
        30. Presumption of value and good faith.
        Negotiation of Bills
        31. Negotiation of bill.
        32. Requisites of a valid indorsement.
        33. Conditional indorsement.
        34. Indorsement in blank and special indorsement.
        35. Restrictive indorsement.
        36. Negotiation of overdue or dishonoured bill.
        37. Negotiation of bill to party already liable thereon.
        38. Rights of the holder.
        General Duties of the Holder
        39. When presentment for acceptance is necessary.
        40. Time for presenting bill payable after sight.
        41. Rules as to presentment for acceptance, and excuses for non-presentment.
        42. Non-acceptance.
        43. Dishonour by non-acceptance and its consequences.
        44. Duties as to qualified acceptances.
        45. Rules as to presentment for payment.
        46. Excuses for delay or non-presentment for payment.
        47. Dishonour by non-payment.
        48. Notice of dishonour and effect of non-notice.
        49. Rules as to notice of dishonour.
        50. Excuses for non-notice and delay.
        51. Noting or protest of bill.
        52. Duties of holder as regards drawee or acceptor.
        Liabilities of Parties
        53. Funds in hands of drawee.
        54. Liability of acceptor.
        55. Liability of drawer or indorser.
        56. Stranger signing bill liable as indorser.
        57. Measure of damages against parties to dishonoured bill.
        58. Transferor by delivery and transferee.
        Discharge of Bill
        59. Payment in due course.
        60. Banker paying demand draft whereon indorsement is forged.
        61. Acceptor the holder at maturity.
        62. Express waiver.
        63. Cancellation.
        64. Alteration of bill.
        Acceptance and Payment for Honour
        65. Acceptance for honour supra protest.
        66. Liability of acceptor for honour.
        67. Presentment to acceptor for honour.
        68. Payment for honour supra protest.
        Lost Instruments
        69. Holder's right to duplicate of lost bill.
        70. Action on lost bill.
        Bill in a Set
        71. Rules as to sets.
        Conflict of Laws
        72. Rules where laws conflict.
        Part III Cheques on a Banker
        73. Cheque defined.
        74. Presentment of cheque for payment.
        74A. Presentment of cheque for payment: alternative place of presentment.
        74B. Presentment of cheque for payment: alternative means of presentment by banker
        74C. Cheques presented for payment under section 74B: disapplication of section 52(4).
        75. Revocation of banker's authority.
        75A {- On the countermand of payment of a cheque, the banker shall be treated as having no funds ava...}
        Crossed Cheques
        76. General and special crossings defined.
        77. Crossing by drawer or after issue.
        78. Crossing a material part of cheque.
        79. Duties of banker as to crossed cheques.
        80. Protection to banker and drawer where cheque is crossed.
        81. Effect of crossing on holder.
        81A. Non-transferable cheques.
        82. . . .
        Part IV Promissory Notes
        83. Promissory note defined.
        84. Delivery necessary.
        85. Joint and several notes.
        86. Note payable on demand.
        87. Presentment of note for payment.
        88. Liability of maker.
        89. Application of Part II to notes.
        Part V Supplementary
        90. Good faith.
        91. Signature.
        92. Computation of time.
        93. When noting equivalent to protest.
        94. Protest when notary not accessible.
        95. Dividend warrants may be crossed.
        96. . . .
        97. Savings.
        98. Saving of summary diligence in Scotland.
        99. Construction with other Acts, &c.
        100. Parole evidence allowed in certain judicial proceedings in Scotland.
        Schedules
        FIRST SCHEDULE {Form of protest which may be used when the services of a notary cannot be obtained. Know all me...}
        SECOND SCHEDULE . . .

  © Crown Copyright Back to top