The Parliament of New Zealand enacts as follows:
This Act is the Bills of Exchange Amendment Act 2016.
This Act comes into force on 1 March 2017.
This Act amends the Bills of Exchange Act 1908 (the principal Act).
After section 96, insert:
Section 70 applies to a negotiable instrument that is not a bill in the same way as it applies to a bill.
Compare: 1908 No 89 s 88; 1947 No 16 s 118
14 September 2016
Divided from Judicature Modernisation Bill (Bill 178–2) as Bill 178–3G
11 October 2016
17 October 2016
This Act is administered by the Reserve Bank of New Zealand.