s 7 Certainty required as to payee
7.—(1) Where a bill is not payable to bearer, the payee must be named or otherwise indicated therein with reasonable certainty.
(2) A bill may be made payable to 2 or more payees jointly, or it may be made payable in the alternative to one of 2, or one or some of several payees.
(3) A bill may also be made payable to the holder of an office for the time being.
(4) Where the payee is a fictitious or non-existing person the bill may be treated as payable to bearer.
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