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Section 6: Certainty required as to payee

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.

6. Certainty required as to payee (1) Where a bill is not payable to bearer, the payee shall be named or otherwise indicated in it with reasonable certainty. (2) (a) A bill may be made payable to 2 or more payees jointly, or it may be made payable in the alternative to one or 2, or one or some of several payees. (b) A bill may also be made payable to the holder of an office for the time being. (3) Where the payee is a fictitious or non-existing person, the bill may be treated as payable to bearer.

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