Section 39: Time for presenting bill payable after sight
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.
39. Time for presenting bill payable after sight
(1) Subject to this Act, where a bill payable after sight is negotiated, the
holder shall present it for acceptance or negotiate it within one year from the
time of issue.
(2) Where he does not do so, the drawer and all indorsers prior to that
holder are discharged.