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There are outstanding changes not yet made by the legislation.gov.uk editorial team to Bills of Exchange Act 1882. Any changes that have already been made by the team appear in the content and are referenced with annotations.
(1)Where a bill is not payable to bearer, the payee must be named or otherwise indicated therein with reasonable certainty.
(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.
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