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Section 51: Duties of holder as regards drawee or acceptor

Bills Of Exchange Act · PART I: BILLS OF EXCHANGE

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.

51. Duties of holder as regards drawee or acceptor (1) In order to render the acceptor of a bill liable it is not necessary to protest it. (2) Where the holder of a bill presents it for payment, he shall exhibit the bill to the person from whom he demands payment, and when the bill is paid the holder shall forthwith deliver it to the party paying it.

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