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← Bills of Exchange Act 1949

Bills of Exchange Act 1949 s 96

s 96 Presentment of note for payment

96.—(1) Where a promissory note is in the body of it made payable at a particular place, it must be presented for payment at that place in order to render the maker liable. (2) In any other case, presentment for payment is not necessary in order to render the maker liable. (3) Presentment for payment is necessary in order to render the indorser of a note liable. (4) Where a note is in the body of it made payable at a particular place, presentment at that place is necessary in order to render an indorser liable; but when a place of payment is indicated by way of memorandum only, presentment at that place is sufficient to render the indorser liable, but a presentment to the maker elsewhere, if sufficient in other respects, shall also suffice.

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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.

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