Malaysia legislation
Section 19
Section 19
Bills of Exchange 17
(2)
A general acceptance assents without qualification to the order of the drawer.
(3)
A qualified acceptance in express terms varies the effect of the bill as drawn.
(b)
In particular an acceptance is qualified which is—
(i)
conditional, that is to say, which makes payment by the acceptor dependent on the fulfilment of a condition therein stated;
(ii)
partial, that is to say, an acceptance to pay part only of the amount for which the bill is drawn;
(iii)
local, that is to say, an acceptance to pay only at a particular specified place;
An acceptance, to pay at a particular place, is a general acceptance, unless it expressly states that the bill is to be paid there only, and not elsewhere;
(iv)
qualified as to time;
18 Laws of Malaysia ACT 204
(v)
the acceptance of some one or more of the drawees, but not of all.
Inchoate instruments