Core Statutes on Commercial and Consumer Law 2011-12 Core Statutes on Commercial and Consumer Law 2011-12 The palgrave macmillan core statutes series has been developed to meet the needs of today's law students. Compiled by experienced lecturers, each title contains the essential materials needed at LLB level and, where applicable, on GDL/CPE courses. They are specifically designed to be easy to use under exam conditions and in the lecture hall. This new edition of core statutes on commercial and consumer law contains essential material up to June 2011. New to this edition: * major amendments to the Consumer Credit Act 1974 to comply with European requirements * The Timeshare, Holiday Products, Resale and Exchange Regulations 2010 * Uniform Customs and Practice for Documentary Credits (UCP 600) Palgrave 978-0-230-30825-1
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Core Statutes on Commercial and Consumer Law 2011-12

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The palgrave macmillan core statutes series has been developed to meet the needs of today's law students. Compiled by experienced lecturers, each title contains the essential materials needed at LLB level and, where applicable, on GDL/CPE courses. They are specifically designed to be easy to use under exam conditions and in the lecture hall. This new edition of core statutes on commercial and consumer law contains essential material up to June 2011. New to this edition: * major amendments to the Consumer Credit Act 1974 to comply with European requirements * The Timeshare, Holiday Products, Resale and Exchange Regulations 2010 * Uniform Customs and Practice for Documentary Credits (UCP 600)
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STATUTES
BILLS OF EXCHANGE ACT 1882
(45 & 46 Vict., c. 61)
PART I
PRELIMINARY
1. Short title
This Act may be cited as the Bills of Exchange Act, 1882.
2. Interpretation of terms
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 125(1) of the Postal Services Act 2001.
‘Value’ means valuable consideration.
‘Written’ includes printed, and ‘writing’ includes print.
PART II
BILLS OF EXCHANGE
Form and interpretation
3. Bill of exchange defined
(1) A bill of exchange is an unconditional order in writing, addressed by one person to
another, signed by the person giving it, requiring the person to whom it is addressed to
pay on demand or at a fixed or determinable future time a sum certain in money to or to
the order of a specified person, or to bearer.
(2) An instrument which does not comply with these conditions, or which orders any act to be
done in addition to the payment of money, is not a bill of exchange.
(3) An order to pay out of a particular fund is not unconditional within the meaning of this
section; but an unqualified order to pay, coupled with (a) an indication of a particular fund
out of which the drawee is to re-imburse himself or a particular account to be debited with
the amount, or (b) a statement of the transaction which gives rise to the bill, is
unconditional.
(4) A bill is not invalid by reason—
(a) That it is not dated;
(b) That it does not specify the value given, or that any value has been given therefor;
(c) That it does not specify the place where it is drawn or the place where it is payable.
4. Inland and foreign bills
(1) An inland bill is a bill which is or on the face of it purports to be (a) both drawn and payable
within the British Islands, or (b) drawn within the British Islands upon some person
resident therein. Any other bill is a foreign bill.
2 Bills of Exchange Act 1882
For the purposes of this Act ‘British Islands’ means any part of the United Kingdom of Great
Britain and Ireland, the islands of Man, Guernsey, Jersey, Alderney, and Sark, and the islands
adjacent to any of them being part of the dominions of Her Majesty.
(2) Unless the contrary appear on the face of the bill the holder may treat it as an inland bill.
5. Effect where different parties to bill are the same person
(1) A bill may be drawn payable to, or to the order of, the drawer; or it may be drawn payable
to, or to the order of, the drawee.
(2) Where in a bill drawer and drawee are the same person, or where the drawee is a
fictitious person or a person not having capacity to contract, the holder may treat the
instrument, at his option, either as a bill of exchange or as a promissory note.
6. Address to drawee
(1) The drawee must be named or otherwise indicated in a bill with reasonable certainty.
(2) A bill may be addressed to two or more drawees whether they are partners or not, but an
order addressed to two drawees in the alternative or to two or more drawees in
succession is not a bill of exchange.
7. Certainty required as to payee
(1) Where a bill is not payable to bearer, the payee must be named or otherwise indicated
therein with reasonable certainty.
(2) A bill may be made payable to two or more payees jointly, or it may be made payable in
the alternative to one of two, or one or some of several payees. A bill may also be made
payable to the holder of an office for the time being.
(3) Where the payee is a fictitious or non-existing person the bill may be treated as payable
to bearer.
8. What bills are negotiable
(1) When a bill contains words prohibiting transfer, or indicating an intention that it should not
be transferable, it is valid as between the parties thereto, but is not negotiable.
(2) A negotiable bill may be payable either to order or to bearer.
(3) A bill is payable to bearer which is expressed to be so payable, or on which the only or last
indorsement is an indorsement in blank.
(4) A bill is payable to order which is expressed to be so payable, or which is expressed to be
payable to a particular person, and does not contain words prohibiting transfer or
indicating an intention that it should not be transferable.
(5) Where a bill, either originally or by indorsement, is expressed to be payable to the order
of a specified person, and not to him or his order, it is nevertheless payable to him or his
order at his option.
9. Sum payable
(1) The sum payable by a bill is a sum certain within the meaning of this Act, although it is
required to be paid—
(a) With interest.
(b) By stated instalments.
(c) By stated instalments, with a provision that upon default in payment of any
instalment the whole shall become due.
(d) According to an indicated rate of exchange or according to a rate of exchange to be
ascertained as directed by the bill.
(2) Where the sum payable is expressed in words and also in figures, and there is a
discrepancy between the two, the sum denoted by the words is the amount payable.
(3) Where a bill is expressed to be payable with interest, unless the instrument otherwise
provides, interest runs from the date of the bill, and if the bill is undated from the issue
thereof.
10. Bill payable on demand
(1) A bill is payable on demand—
(a) Which is expressed to be payable on demand, or at sight, or on presentation; or
(b) In which no time for payment is expressed.
(2) Where a bill is accepted or indorsed when it is overdue, it shall, as regards the acceptor
who so accepts, or any indorser who so indorses it, be deemed a bill payable on demand.
Bills of Exchange Act 1882 3
11. Bill payable at a future time
A bill is payable at a determinable future time within the meaning of this Act which is expressed
to be payable—
(1) At a fixed period after date or sight.
(2) On or at a fixed period after the occurrence of a specified event which is certain to
happen, though the time of happening may be uncertain.
An instrument expressed to be payable on a contingency is not a bill, and the happening of the
event does not cure the defect.
12. Omission of date in bill payable after date
Where a bill expressed to be payable at a fixed period after date is issued undated, or where
the acceptance of a bill payable at a fixed period after sight is undated, any holder may insert
therein the true date of issue or acceptance, and the bill shall be payable accordingly.
Provided that (1) where the holder in good faith and by mistake inserts a wrong date, and (2)
in every case where a wrong date is inserted, if the bill subsequently comes into the hands of
a holder in due course the bill shall not be avoided thereby, but shall operate and be payable
as if the date so inserted had been the true date.
13. Ante-dating and post-dating
(1) Where a bill or an acceptance or any indorsement on a bill is dated, the date shall, unless
the contrary be proved, be deemed to be the true date of the drawing, acceptance, or
indorsement, as the case may be.
(2) A bill is not invalid by reason only that it is ante-dated or post-dated, or that it bears date
on a Sunday.
14. Computation of time of payment
Where a bill is not payable on demand the day on which it falls due is determined as follows:
(1) The bill is due and payable in all cases on the last day of the time of payment as fixed by
the bill or, if that is a non-business day, on the succeeding business day.
(2) Where a bill is payable at a fixed period after date, after sight, or after the happening of a
specified event, the time of payment is determined by excluding the day from which the
time is to begin to run and by including the day of payment.
(3) Where a bill is payable at a fixed period after sight, the time begins to run from the date
of the acceptance if the bill be accepted, and from the date of noting or protest if the bill
be noted or protested for non-acceptance, or for non-delivery.
(…)

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Содержание
PART I: STATUTES
Bills of Exchange Act 1882
Factors Act 1889
Cheques Act 1957
Hire-purchase Act 1964
Supply of Goods (Implied Terms) Act 1973
Consumer Credit Act 1974 (as amended by Consumer Credit Act 2006)
Unfair Contract Terms Act 1977
Sale of Goods Act 1979
Supply of Goods and Services Act 1982
Consumer Protection Act 1987 (Part 1 and Remaining Sections of Part 2)
Food Safety Act 1990
Property Misdescriptions Act 1991
Timeshare Act 1992
Arbitration Act 1996
Late Payment of Commercial Debts (Interest) Act 1998
Financial Services and Markets Act 2000
Enterprise Act 2002
Consumers, Estate Agents and Redress Act 2007
PART II: STATUTORY INSTRUMENTS
Package Travel, Package Holidays and Package Tours Regulations 1992
Property Misdescriptions (Specified Matters) Order 1992
Commercial Agents (Council Directive) Regulations 1993
Unfair Terms in Consumer Contracts Regulations 1999
Consumer Protection (Distance Selling) Regulations 2000
Late Payment of Commercial Debts Regulations 2002
Sale and Supply of Goods to Consumers Regulations 2002
Timeshare (Cancellation Information) Order 2003
General Product Safety Regulations 2005
Consumer Protection (Code of Practice for Traders on Price Indications) Approval Order 2005
Cancellation of Contracts Made in a Consumer's Home or Place of Work etc Regulations 2008
Consumer Protection from Unfair Trading Regulations 2008
Business Protection from Misleading Marketing Regulations 2008
PART III: EUROPEAN MATERIALS
Treaty Establishing the European Union
Council Directive 85/374/EEC
Directive 1999/44/EEC
Directive 2001/95/EEC
Directive 2005/29/EEC
Штрихкод:   9780230308251
Размеры:   245x 170x 25 мм
Тип иллюстраций:   Без иллюстраций
Язык:   Английский
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