A signature by procuration operates as notice that the agent has but a limited authority to sign, and the principal is only bound by such signature if the agent in so signing was acting within the actual limits of his authority.

Authority

Defined · s 2

“Authority” means the Monetary Authority of Singapore established under the Monetary Authority of Singapore Act 1970;

Open s 2

Terms defined in s 2

Authority
Defined · s 2
“Authority” means the Monetary Authority of Singapore established under the Monetary Authority of Singapore Act 1970;
Open s 2

Report

Suggest a correction
Request removal of this part

Read on from s 26

Part 3

Cheques Drawn on Banker

Read on from Part 3

Part 4

Promissory Notes

Read on from Part 4

Part 5

Supplementary

Read on from Part 5

Details

Bills of Exchange Act 1949 · s 25

Saving and following need a free account.Sign in

Judgments that cite this Act

No judgment we hold cites this Act yet.

Where this comes from

Singapore Statutes Online · Bills of Exchange Act 1949, 2020 Revised Edition. Reader record updated on 7 Oct 2026.

Singapore legislation is Government copyright, used with the permission of the Attorney-General’s Chambers. Check Singapore Statutes Online for the latest version.

Open the official text