 | Jennifer Corrin-Care - Law - 2001 - 383 pages
...consideration directly, provided consideration has been given at some time. Where value has at any time been given for a bill the holder is deemed to be a holder...to the bill who became parties prior to such time. Section 27(2) of the Bills of Exchange Acts of Tonga12 and Samoa13 makes similar provision. There is... | |
 | Great Britain, Jason Chuah, Richard Earle - Law - 2004 - 364 pages
...consideration whether the bill is payable on demand or at a future time. (2) Where value has at any time been given for a bill the holder is deemed to be a holder...by implication of law, he is deemed to be a holder to the extent of the sum for which he has a lien. 28. Accommodation bill or party (1) An accommodation... | |
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Where the holder has a lien on the instrument, arising either from contract or by implication of law, he is deemed a holder for value to the extent of his lien. 
