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Changes over time for: Section 2
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 31/07/2018.
Changes to legislation:
There are currently no known outstanding effects for the Bills of Exchange Act 1882, Section 2.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
2 Interpretation of terms. U.K.
In this Act, unless the context otherwise requires,—
“Acceptance” means an acceptance completed by delivery or notification.
“Action” includes counter claim and set off.
“Banker” includes a body of persons whether incorporated or not who carry on the business of banking.
“Bankrupt” includes any person whose estate is vested in a trustee or assignee under the law for the time being in force relating to bankruptcy.
“Bearer” means the person in possession of a bill or note which is payable to bearer.
“Bill” means bill of exchange, and “note” means promissory note.
“Delivery” means transfer of possession, actual or constructive, from one person to another.
“Holder” means the payee or indorsee of a bill or note who is in possession of it, or the bearer thereof.
“Indorsement” means an indorsement completed by delivery.
“Issue” means the first delivery of a bill or note, complete in form to a person who takes it as a holder.
“Person” includes a body of persons whether incorporated or not.
[“postal operator” has the meaning given by [section 27 of the Postal Services Act 2011].]
Textual Amendments
Modifications etc. (not altering text)
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