Chalmers and Guest on Bills of Exchange and Cheques

Chalmers & Guest is the definitive annotated guide to the Bills of Exchange Act 1882 and the Cheques Act 1957. Now in its 19th edition, it offers legal practitioners comprehensive guidance to the law and practice relating to bills of exchange, cheques and promissory notes. It explains in detail what provisions the legislation contains and provides opinion and guidance on how to comply. It covers legal capacity for entering into a payment contract and considers how bills may be transferred from one person to another, setting out the general duties of the holder, including the necessary steps to fix the maturity of the instrument. It identifies the liabilities of the parties and looks at discharge of a bill, including circumstances where payment is insufficient. It also details the law governing lost, destroyed or split bills and examines the applicable law where parties are based in different jurisdictions.