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Local Extent, Saving of Usages Relating to Hundis, Etc.

The Negotiable Instruments Act, 1881 : Usages

CHAPTER I – PRELIMINARY

1. Short title.

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

Local extent. Saving of usages relating to hundis, etc.

It extends to the whole of India but nothing herein contained affects the ‘Indian Paper Currency Act, 1871, (3 of 1871). section 21, or .affects any 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.

2. Commencement.

2.Commencement. – [Repeal of enactments.] Rep. by the Amending Act, 1891 (12 of 1891), s. 2 and Sch. 1.

3. Interpretation-clause.

3. Interpretation-clause. – In this Act- 3* * * * * * 4[“banker” includes any person acting as a banker and any post office savings bank;]

5* * * * * *


  1. The words “except the State of Jammu and Kashmir”, which were subs. by Act 3 of 1951 for ” except Part B States “, omitted by Act 62 of 1956, s. 2 and Sch.
  2. Rep. by the Indian Paper Currency Act, 1923 (10 of 1923). See now the Reserve Bank of India Act, 1934 (2 of 1934), s. 31.
  3. Definition of the word ” India”, which was subs. by Act 3 of 1951 for the definition of the word ” State “, omitted by Act 62 of 1956, s. 2 and Sch.
  4. Subs. by Act 37 of 1955, s. 2, for the definition of the word “banker”.
  5. Omitted by Act 53 of 1952, s. 16 (w.e.f. 14-2-1956). Extended to Laccadive Minicoy and Amindivi Islands (w.e.f. 1-10-1967): vide Reg. 8 of 1965, s. 3 & Sch. Extended to Goa, Daman and Diu with modifications, by Reg. 12 of 1962 s. 3 & Sch. Extended to and brought into force in Dadra and Nagar Haveli (w.e.f. 1-7-65) by Reg. 6 of 1963, s. 2 and Such. I.
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