Section 17:
Ambiguous instruments.
Where an instrument may be construed either as a promissory note or
bill of exchange, the holder may at his election treat it as either, and the instrument shall be thenceforward
treated accordingly.
26/1881 - The Negotiable Instruments Act, 1881 ▶
Act Number: 26
Act Name: The Negotiable Instruments Act, 1881
Year: 1881
Enactment Date: 1881-12-09
Long Title: An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
Ministry: Ministry of Finance
Department: Department of Financial Services