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Report No. 11

159. Sections 108-113.-

No alteration has been considered necessary in sections 108-113, except that they have been transferred to the Part on Bills of Exchange and that sections 111 and 112 have been combined into one section.1

1. Section 133, ibid.

A new provision1 has been added, following section 65(5) of the English Act to make it clear that when a bill payable after sight is accepted for honour, its maturity shall be calculated from the date of the noting for non-acceptance, and not from the date of its acceptance for honour.

1. Section 137, ibid.



Negotiable Instruments Act, 1881 Back




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