Contracts Act 1950 · Updated to 1 Jan 2006 · Part V
51. Performance in manner or at time prescribed or sanctioned by promisee
Feedback & supportThe performance of any promise may be made in any manner, or at any time which the promisee prescribes or sanctions.
B owes A RM2,000. A desires B to pay the amount to A’s account with
C, a banker. B, who also banks with C, orders the amount to be transferred from his account to A’s credit, and this is done by C. Afterwards, and before A knows of the transfer, C fails. There has been a good payment by B.
A and B are mutually indebted. A and B settle an account by setting off one item against another, and B pays A the balance found to be due from him upon such settlement. This amounts to a payment by A and B, respectively, of the sums which they owed to each other.
A owes B RM2,000. B accepts some of A’s goods in reduction of the debt. The delivery of the goods operates as a part payment.
A desires B, who owes him RM100, to send him a note for RM100 by post. The debt is discharged as soon as B puts into the post a letter containing the note duly addressed to A.
Performance of Reciprocal Promises