Malaysia legislation
Section 7
Section 7
(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.
What bills are negotiable