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Bills of Exchange Act 1949/Section 16

Singapore legislation

Section 16

of Bills of Exchange Act 1949

Section 16

Optional stipulations by drawer or indorser

The drawer of a bill, and any indorser, may insert therein an express stipulation —

(a)

negativing or limiting his own liability to the holder;

(b)

waiving as regards himself some or all of the holder’s duties.

Read in full context — Bills of Exchange Act 1949 →
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