Section 70F: Conversion into electronic bill of exchange or paper
This section is inserted by 18 THE FINANCE ACT 2025, section 4.
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.
70F. Conversion into electronic bill of exchange or paper
bill of exchange
(1) A bill of exchange may be converted into a paper
bill of exchange or an electronic bill of exchange where –
(a) a statement that the bill of exchange has
been converted is included in its new
form; and
(b) any contractual or other requirements
relating to the conversion are complied
with.
(2) Upon conversion of a bill of exchange, all rights
and liabilities shall cease to attach to the bill of exchange in
its previous form and shall attach to the bill of exchange in its
new form.