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

Section 63: Drawee's time for deliberation.
    The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 1[forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.
Notes:
1. Subs. by Act 12 of 1921, s. 2, for "twenty-four".
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