Bills of exchange act 1908 no 15 as at 01 march 2017. Bills of exchange act 1909 federal register of legislation. Application of state laws part iibills of exchange division 1form and interpretation 8. Merger longform merger completed acquisition completed 8 weeks 50% vote of all shareholders shortform merger acquisition completed 512 weeks tender offer share exchange offer partcash than 50 90% filing of certificate of merger longform merger. Laws acquire popular names as they make their way through congress. Its exchange value was to be itainedat a level corresponding to a minimum of 43 mil1. Page 1 of 5 16 may 1940 30 june 1944 this version applied as from 16 may 1940, i. Act of july 2, 1890 the sherman antitrust act, referred to in subsec. Article 2 certain terms employed in this act shall denote the following. The act was drafted by sir mackenzie chalmers, who later drafted the sale of goods act 1893 and the marine insurance act 1906 bills of exchange are widely used to finance trade and, when discounted with a financial institution, to obtain credit. Please help improve this article by adding citations to reliable sources. Interpretation part ii bills of exchange form and interpretation 3. This may now be limited to only companies in notified jurisdiction. An act relating to bills of exchange, cheques and promissory notes.
J b e it enacted by the kings most excellent majesty, the senate, and the house of representatives of the commonwealth of. An act to codify the laws relating to bills of exchange, cheques and promissory notes. An act to codify the law relating to bills of exchange, cheques, and promissory notes. Bills of exchange act 1909 table of provisions long title part ipreliminary 1. All the state acts in substance follow the act of the united kingdom in fact theare practically adaptations of the latter act with certain modifications, to,yhich reference is made later 011. This book was originally published prior to 1923, and represents a. An act to codify the law relating to bills of exchange. Presently, its possible for a foreign company of any jurisdiction to merge into an indian company. An act to consolidate certain enactments of the parliament of new zealand relating to bills of exchange title. Meaning the terms merger and amalgamation have not been defined in the. The present act of 1956, which replaced the 19 act, contained sections 390 to 396a relating to arrangement, compromises, reconstruction and amalgamation.
Amended by bills of exchange act 56 of 2000 from 1 mar 2001. Bills of exchange act 1909 sect what bills are negotiable 1 when a bill contains words prohibiting transfer, or indicating an intention that it should not be transferable, it is valid as between the parties thereto, but is not negotiable. It has been brought up to date as at 1 july 1987 by the services of the community institutions on the basis of the official texts in. This ordinance may be cited as the bills of exchange ordinance. In this act, unless the context otherwise requires acceptance means an acceptance completed by. An act to amend the law relating to customs and inland revenue, and for other purposes connected with finance. The chase manhattan bank new york, new york order approving the merger of banks the chase manhattan bank, chaseny, a state member bank, has applied under section 18c of the federal deposit insurance act 12 u. Bills of exchange act 1909 sect 8 bill of exchange defined 1 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. Banker includes a body of persons whether incorporated or not who carry. Full text of the bills of exchange act, 1882 an act.
The process of mergers and acquisitions law company. We would like to show you a description here but the site wont allow us. Bills of exchange act 1882 1882 chapter 61 45 and 46 vict. Bills of exchange an act to codify the law relating to bills of exchange, cheques and promissory notes. This act shall commence on a day to be fixed by proclamation.
Pdf merger drivers and the change of bidder shareholders. This act may be cited as the bills of exchange act 1909. This timeline shows the different points in time where a change occurred. Chapter i ss 270 bills of exchange form and interpretation ss 2 19 2 definition of and requirements for bill of exchange 1 a bill of exchange is an unconditional order in writing, addressed by one. Full text of the bills of exchange act, 1882 an act to codify the law relating to bills of exchange. Sometimes they are a way of recognizing or honoring the sponsor or creator of a particular law as with the tafthartley act. The bills of exchange act 1882 is a united kingdom act of parliament concerning bills of exchange. Bills of exchange act, 1882, section 23 irish statute book. The 20 act suggests that all cross border merger will now be governed by the said chapter. Merger act require approval by the board of directors or, as the case may be, the supreme managing or administrative body articles 12 section 1, 36 section 1, 59 section 1 and 70 section 1.
Drawer an orderer or an issuer of a bill of exchange indicated on the front of the. The european bill of exchange university of helsinki. Act a41 bills of exchange amendment 30041971 act 1971 act a1012 bills of exchange amendment s. The background to the enactment of the competition act was succinctly explained by. Sometimes these names say something about the substance of the law as with the 2002 winter olympic commemorative coin act. Application of state laws part ii bills of exchange division 1form and interpretation 8. The dates will coincide with the earliest date on which the change e. Merger of a listed company into unlisted company the 20 act requires that in case of.
General provisions article 1 this act sets forth the contents, the types of bills of exchange and the operations and rules that relate to the bills of exchange. For complete classification of the act to the code, see short title note set out under section 1 of title 15 and tables. Revenue act of 19 1 revenue act of 19 the united states revenue act of 19 also known as the tariff act, underwood tariff, underwood tariff act, or underwoodsimmons act ch. Bills of exchange act 34 of 1964 south african government. This act may be cited as the bills of exchange act 1882. Bill of exchange part 1 of 2 1 reply opca freemen legal theories have a peculiar fascination with bills of exchange and have embraced the complex and ostensibly ambiguous wording of the bills of exchange act to give a air of credibility to some of their legal strategies. The bills of exchange act, 1890, canada, and the amending act of 1891 1892 maclaren, john james on.
Retaining bills of exchange and promissory notes in paper form. The bills of exchange act 1909 as shown in this compilation comprises act no. Federal register of legislation australian government. Bills of exchange act 1933 uganda legal information. A growing number of merger studies concern the causality of firm performance and merger activity in the last decade, but with mixed results. The bills of exchange act, 1890, canada, and the amending.
The electronic irish statute book eisb comprises the acts of the oireachtas parliament, statutory instruments, legislation directory, constitution and a limited number of pre1922 acts. In this act, unless the context otherwise requires, acceptance means an acceptance completed by delivery or notification. Commencement 18th august, 1882 part i preliminary 1. Chapter 1 mergers, demergers, acquisitions, takeover. Effect where different parties to bill are the same person. The power of merger lies with the high court under section 392 and also with the central government under section 396a. This also applies to transfers of assets and liabilities irrespective of the size of. Be it enacted by the kings most excellent majesty, by and with the advice and consent of the lords spiritual and temporal, and commons, in this present parliament assembled, and by the authority of the same, as. All relevant information pertaining to application, saving or transitional provisions prior to 27 june 2011 is not included in this compilation. Bills of exchange act 1909 sect 8 bill of exchange defined.
The bills of exchange act 1908 is an act of parliament passed in new zealand in 1908. Notes for guidance stamp duties consolidation act, 1999. Civil affairs handbook france section 5 french franc banks. Bills of exchange act 1909 sect what bills are negotiable. This compilation was prepared on 27 december 2011 taking into account amendments up to act no. Purchase pdf merger to merge multiple pdf files to a new pdf. The committee submitted its report to the central government on the 22 nd may 2000.
Law lanka consolidation sri lanka lawsbills of exchange. The shansi bills were a kind of bills of exchange drawn by the shansi. This is a reprint of the bills of exchange act 1908 that incorporates all the amendments to that act as at the date of the last amendment to it. Amended by bills of exchange amendment act 58 of 1977.