Commonwealth Consolidated Acts

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Australia Bills of Exchange

Bill of exchange defined

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.
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.
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:
1. an indication of a particular fund out of which the drawee is to re-imburse himself or herself, or a particular account to be debited with the amount; or
2. a statement of the transaction which gives rise to the bill; is unconditional.
A bill is not invalid by reason:
1. that it is not dated;
2. that it does not specify the value given, or that any value has been given therefor; or
3. that it does not specify the place where it is drawn, or the place where it is payable.

Video explaining BoE

AG review of BoE Act, July 2003

BILLS OF EXCHANGE ACT 1909 – SECT 08 – Bills of Exchange defined

BILLS OF EXCHANGE ACT 1909 – SECT 22 – Definition and requisites of acceptance

BILLS OF EXCHANGE ACT 1909 – SECT 24 – General and qualified acceptances

BILLS OF EXCHANGE ACT 1909 – SECT 25 – Inchoate instruments

BILLS OF EXCHANGE ACT 1909 – SECT 26 – Delivery

BILLS OF EXCHANGE ACT 1909 – SECT 35 – Presumption of good value and faith

BILLS OF EXCHANGE ACT 1909 – SECT 36 – Negotiation of bill

BILLS OF EXCHANGE ACT 1909 – SECT 47 – Non-acceptance

BILLS OF EXCHANGE ACT 1909 – SECT 48 – Dishonour by non-acceptance and its consequences

BILLS OF EXCHANGE ACT 1909 – SECT 50 – Rules as to presentment for payment

BILLS OF EXCHANGE ACT 1909 – SECT 66 – Acceptor the holder at maturity

BILLS OF EXCHANGE ACT 1909 – SECT 68 – Cancellation

BILLS OF EXCHANGE ACT 1909 – SECT 70 – Acceptance for honour supra protest

BILLS OF EXCHANGE ACT 1909 – SECT 89 – Promissory note defined

BILLS OF EXCHANGE ACT 1909 – SECT 93 – Presentment of note for payment

BILLS OF EXCHANGE ACT 1909 – SECT 97 – Signature

BILLS OF EXCHANGE ACT 1909 – SECT 98 – Computation of time

The UCC (Uniform Commercial Code) and Bill of Exchange

The Uniform Commercial Code (UCC) is a set of laws that govern various commercial transactions, including negotiable instruments like promissory notes and checks. Under UCC Article 3, a person who possesses a negotiable instrument may take certain actions to ensure...

BANKING ACT 1959 - SECT 39 Power to make regulations

TAXATION ADMINISTRATION ACT 1953 - SECT 8J Interpretation

A NEW TAX SYSTEM (GST) ACT 1999 - SECT 195.1 Dictionary

More forms in the category "Bill of Exchange (BoE)"

Australian Human Rights Commission – Right to self determination

BoE Acceptance Cover Letter 1 – Authority to Process Bill of Exchange

Use this Letter to accompany the return to sender Bill with the Blue Wet Ink Remittance Instruction and signature. Use this form to accompany the bill being returned to the sender.How to use this form Kindly complete the form below, adhering closely to the...

BoE Acceptance Cover Letter 1 – No Bill to Return to Sender

Use this form to send to biller where there is no bill to accompany it. Acts as an extra reply letter where there is no bill and a reply is required to rebut the billers threatening letter. You can use this as an additional rebuttal letter between each step of the BoE...

BoE Future Express Trust Contract Offers (For RRdJ Members)

This is an Express Trust Contract Offer to discharge the positive due amount as shown. You direct them to settle and discharge all due amounts by accepting the endorsed Bill of Exchange Endorsement, delivered and Accepted as per Terms & Conditions of Bills of...

BoE Rejection – Who is the addressee being billed

What is addressed in this letter? This letter serves as a formal notice to a corporation and its representative regarding an alleged debt or claim. The sender, identified as the Executor of their estate, is requesting proof of claim and specific legal documentation....

BoE Rejection Letter 2 – Notice of Default & Opportunity to Cure

Use this Letter as step two after you have sent a Cover Letter / conditional acceptance. The purpose of this notice is to ensure that the biller has not performed their fiduciary duties accordingly.How to use this form Kindly complete the form below, adhering closely...

BoE Rejection Letter 3 – Notice of Default in Dishonour and Estoppel

Use this notice step 3 after step 2. The purpose of this notice which should be 30 days after the initial Return to Sender Bill Remittance and cover letter. The matter is resolved now due to no rebuttal of it by biller of the previous notices. Silence by aquiescense....

BoE Rejection Letter 4 – Notice of Pending Law Suit

Use this letter if the previous 3 letters did not have an effect and GovCorp is still persisiting with pushback (not accepting your Bill of Exchange). Be ready to take the step of making a statement of claim, tort suit, civil claim for damages under trespass common...

BoE Rejection Letter 6 – Rejection Letter to Biller

Michael description pleaseHow to use this form Kindly complete the form below, adhering closely to the instructions provided for each field to ensure accuracy. Once finished, submit it, and you will receive an email with a PDF attachment containing the completed form....

Cover Page for Bill of Exchange

BILLS OF EXCHANGE ACT 1909 - SECT 68 Cancellation Where a bill is intentionally cancelled by the holder or his or her agent, and the cancellation is apparent thereon, the bill is discharged. In like manner any party liable on a bill may be discharged by the...

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