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*BILLS OF EXCHANGE ACT 1949/Section 5

Malaysia legislation

Section 5

of *BILLS OF EXCHANGE ACT 1949

Section 5

(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.

Address to drawee

Read in full context — *BILLS OF EXCHANGE ACT 1949 →
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