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Section 67: Holder’s right to duplicate of lost bill

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.

67. Holder’s right to duplicate of lost bill (1) Where a bill has been lost, the person who was the holder of it may apply for another bill of the same tenor, by addressing himself to his immediate indorser who is bound to lend his name and assistance towards his immediate indorser and so on from indorser to indorser up to the drawer. (2) The person who was the holder of the lost bill shall, if required, give security to indemnify all persons liable under the bill alleged to have been lost in case it is found again. B7 – 25 [Issue 1] Bills of Exchange Act (3) Where the drawer or any indorser on request under subsection (1) refuses to give a duplicate bill, he may be compelled to do so. (4) The expenses incurred for procuring the duplicate bill shall be borne by the holder who has applied for it.

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