Section 41: Non-acceptance
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.
41. Non-acceptance
(1) Where a bill is duly presented for acceptance and is not accepted
within 10 days from the time of presentment, the person presenting it shall
treat it as dishonoured by non-acceptance.
(2) Where he does not treat the bill as dishonoured, the holder shall lose
his right of recourse against the drawer and indorsers.