Section 19: Inchoate instruments
consolidated text (as at 2011, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
19. Inchoate instruments
(1) Where a simple signature on blank stamped paper is delivered by the
signer in order that it may be converted into a bill, it operates as prima facie
authority to fill it up as a complete bill for any amount the stamp will cover,
using the signature for that of the drawer, or the acceptor, or an indorser,
and in like manner, when a bill is wanting in any material particular, the person in possession of it has a prima facie authority to fill up the omission in
any way he thinks fit.
(2) (a) Subject to subsection (3), in order that any such instrument when
completed may be enforceable against any person who became a party to it
prior to its completion, it shall be filled up within a reasonable time, and
strictly in accordance with the authority given.
(b) Reasonable time for the purpose of paragraph (a) is a question of
fact.
(3) Where any such instrument after completion is negotiated to a holder
in due course, it shall be valid and effectual for all purposes in his hands, and
he may enforce it as if it had been filled up within a reasonable time and
strictly in accordance with the authority given.
B7 – 7 [Issue 1]
Bills of Exchange Act