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Negotiable Instruments Act, 1881 Chapter I - Bare Act

State

Central Government

Year

Section Title

Preliminary

Act Info:



1. Short title.This Act may be called the Negotiable Instruments Act, 1881.

Local extent, saving of usage relating to hundis, etc., Commencement.

It extends* to **[the whole of India ***[***]]; but nothing herein contained affects the @Indian Paper Currency Act, 1871 (3 of 1871), section 21,local usage relating to any instrument in an oriental language: Provided that such usages may be excluded by any words in the body of the instrument, which indicate an intention that the legal relations of the parties thereto shall be governed by this Act; and it shall come into force on the first day of March, 1882.


Section 2 - Repeal of enactments

[Rep. by the Amending Act, 1891 (12 of 1891), sec. 2 and Sch. I].


Section 3 - Interpretation clause

In this Act--

1 [***]

"Banker".--2 ["banker" includes any person acting as a banker and any post office savings bank].

3 [* * *]

_____________________

1. Definition of "India" omitted by Act 62 of 1956, sec. 2 and Sch (w.e.f. 1-11-1956).

2. Substituted by Act 37 of 1955, sec. 2, for the definition of the word "banker" (w.e.f. 1-4-1956).

3. Definition of "notary public" omitted by Act 53 of 1952, sec. 16 (w.e.f. 14-2-1956).





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