Section 2: Interpretation

2. Interpretation In this Act— “authorised officer” means a person mentioned in the Second Schedule; “local bank” means any bank or branches of a bank that may be authorised to transact business in Mauritius; “payable order” means an order in the form set out in the First Schedule signed by the authorised officer authorising payment according to the tenor of the order by anyone of the paying agents or, where so specified, by one of the paying agents to the exclusion of any other of any sum certain in money to or to the order of a specified person; “paying agent” means any local bank or any district cashier or officer for the time being in charge of a district cashier’s office or any postmaster or officer for the time being in charge of a post office other than a postal agency.