Promissory note

1 Bill payable at a future time.

A bill is payable at a determinable future time within the meaning of this Act which is expressed to be payable-

(1)At a fixed period after date or sight.

(2)On or at a fixed period after the occurrence of a specified event which is certain to happen, though the time of happening may be uncertain.

An instrument expressed to be payable on a contingency is not a bill, and the happening of the event does not cure the defect.

Bills of Exchange Act 1882


BS To Intellectual Property C you Next Tuesday Clown, Accept For Value Or Promissory Note

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