Good faith
s 99
99. A thing is deemed to be done in good faith, within the meaning of this Act, where it is in fact done honestly, whether it is done negligently or not.
Bills of Exchange Act 1949 PART 5 — SUPPLEMENTARY
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Signature
s 100
100.—(1) Where, by this Act, any instrument or writing is required to be signed by any person, it is not necessary that he should sign it with his own hand, but it is sufficient if his signature is written thereon by some other person by or under his authority. (2) In the case of a corporation, where, by this Act, any instrument or writing is required to be signed, it is sufficient if the instrument or writing be sealed with the corporate seal. (3) Nothing in this section shall be construed as requiring the bill or note of a corporation to be under seal.
Computation of time
s 101
101.—(1) Where, by this Act, the time limited for doing any act or thing is less than 3 days, in reckoning time non-business days shall be excluded. (2) In this Act, “non-business days” means —(a) Sundays; (b) bank or public holidays; and (c) in the case of bills other than Singapore bills or bills prescribed by the Minister under sub-paragraph (i) of the proviso to section 14(a) — Saturday. (3) Any other day is a business day.
Obligation to do acts relating to bills and notes on Sundays or public holidays
s 102
102.—(1) Subject to section 14, all bills and notes that are due and payable on any Sunday or public holiday shall be payable, and, in the case of non-payment, may be noted and protested, on the day next following and not on the Sunday or public holiday. (2) Any such noting or protest shall be as valid as if made on the day on which the bill or note was made due and payable. (3) When the day on which any notice of dishonour of an unpaid bill or note should be given, or when the day on which a bill or note should be presented or received for acceptance or accepted or forwarded to any referee or referees, is a Sunday or public holiday, the notice of dishonour shall be given, or the bill or note shall be presented or forwarded, on the day next following the Sunday or public holiday. (4) No person shall be compellable to make any payment or do any act relating to a bill or note on a Sunday or public holiday, but the obligation to make such payment or to do any such act shall be deferred to the day next following the Sunday or public holiday; and the making of the payment or the doing of the act on the day next following shall be equivalent to payment or the doing of the act on the Sunday or public holiday. (5) For the purposes of this section, the day next following a Sunday or public holiday means the next following day not being itself a Sunday or public holiday.
When noting equivalent to protest
s 103
103. For the purposes of this Act, where a bill or note is required to be protested within a specified time or before some further proceeding is taken, it is sufficient that the bill has been noted for protest before the expiration of the specified time or the taking of the proceeding; and the formal protest may be extended at any time thereafter as of the date of the noting.
Protest when notary not accessible
s 104
104.—(1) Where a dishonoured bill or note is authorised or required to be protested, and the services of a notary cannot be obtained at the place where the bill is dishonoured, any Magistrate may give a certificate signed and sealed by him, attesting the dishonour of the bill, and the certificate shall in all respects operate as if it were a formal protest of the bill. (2) Any Magistrate acting under subsection (1) shall, as far as possible, be guided by any rules having the force of law for the time being in force which may have been promulgated for the guidance of notaries public. (3) The Minister may by notification in the Gazette prescribe the fees payable on issue of certificates under subsection (1), and may in the like manner prescribe the form of such certificates.
Dividend warrants and banker’s draft may be crossed
s 105
105. The provisions of this Act as to crossed cheques shall apply to a warrant for payment of dividend and to a banker’s draft.
Saving
s 106
106.—(1) The rules in bankruptcy relating to bills of exchange, promissory notes and cheques shall continue to apply thereto notwithstanding anything in this Act. (2) Nothing in this Act shall affect —(a) the provisions of any written law for the time being in force relating to revenue; (b) the provisions of any written law for the time being in force relating to joint stock banks or companies; (c) the validity of any usage relating to dividend warrants, or the indorsement thereof.
Back to Bills of Exchange Act 1949 — full text
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗
Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.
The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.
What to look at next
Bills of Exchange Act 1949, full textChapter navigation and full text, so you can read this section in contextSingapore legislationSingapore Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and yearSingapore: what this database coversWhich datasets are here, which official source they come from, and how current they areSingapore overview