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Bills of Exchange Act 1932

Authoritative Version
  • - C1932A00061
  • No longer in force
Act No. 61 of 1932 as made
An Act to amend the Bills of Exchange Act 1909-1912.
Date of Assent 05 Dec 1932
Date of repeal 24 Jun 2014
Repealed by Amending Acts 1901 to 1969 Repeal Act 2014

 

BILLS OF EXCHANGE.

 

No. 61 of 1932.

An Act to amend the Bills of Exchange Act 1909–1912.

[Assented to 5th December, 1932.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.)   This Act may be cited as the Bills of Exchange Act 1932.

 

(2.)  The Bills of Exchange Act 1909–1912 is in this Act referred to as the Principal Act.

(3.)  The Principal Act as amended by this Act may be cited as the Bills of Exchange Act 1909–1932.

2.   After section eighty-eight of the Principal Act the following section is inserted in Division 2 of Part III.:—

Cheques drawn by a bank on itself.

“88a. For the purposes of this division ‘cheque’ includes a banker’s draft payable on demand drawn by or on behalf of a bank upon itself, whether payable at the head office or at some other office of the Bank.”.