Chalmers and Guest on Bills of Exchange and Cheques, 19th Edition | 2024*

**Expected delivery period: 14- 28 working days

Chalmers and Guest on Bills of Exchange and Cheques serves as the ultimate reference for the Bills of Exchange Act 1882 and the Cheques Act 1957, providing legal practitioners with thorough guidance on the laws and practices concerning bills of exchange, cheques, and promissory notes.

Key Features of Chalmers and Guest on Bills of Exchange and Cheques, 19th Edition | 2024 :

• Offers comprehensive guidance on the law and practice concerning bills of exchange, cheques, and promissory notes.
• Provides detailed section-by-section commentary on key legislation, including the Bills of Exchange Act 1882 and the Cheques Act 1957.
• Explains the provisions of these laws in depth and offers practical advice on compliance.
• Includes a range of precedents to aid readers in drafting communications and navigating court proceedings.
• Highlights common issues that may arise, analyzes their legal consequences, and provides solutions.
• Covers legal capacity requirements for entering into payment contracts.
• Discusses considerations specific to these instruments and how they differ from traditional contract law.
• Examines the transfer of bills between parties.
• Outlines the general duties of holders, including the steps required to determine the maturity of an instrument.
• Identifies the liabilities of parties involved.
• Reviews the discharge of bills, including cases where partial payment does not fully settle the debt.
• Details the legal framework for dealing with lost, destroyed, or split bills, as well as crossed cheques.
• Explores conflict-of-law issues and the rules governing parties located in different jurisdictions.
• Reflects on the changes introduced by the Small Business, Enterprise, and Employment Act 2015, particularly regarding electronic payment of bills.

New Updates in Chalmers and Guest on Bills of Exchange and Cheques, 19th Edition | 2024 :

• The Electronic Trade Documentation Act 2023, which establishes a distinct framework for creating and transferring electronic bills of exchange. It also recognizes electronic bills of exchange circulating on electronic trade platforms as equivalent to their paper counterparts.
• The discontinuation of paper cheque clearing and the transition to the Image Clearing System (ICS) by Pay.UK, enabling all cheques to be processed as digital images. 
• Coverage of significant new cases, such as Teva Canada Ltd. v. TD Canada Trust.
• An analysis of the implications of Philipp v. Barclays Bank UK in relation to cheques.  

Table of Contents of Chalmers and Guest on Bills of Exchange and Cheques, 19th Edition | 2024 :

Preface
Table of Cases
Table of Statutes
Table of Statutory Instruments
Table of International Conventions

BILLS OF EXCHANGE ACT 1882
PART I – PRELIMINARY

PART II - BILLS OF EXCHANGE
•    Form and Interpretation
•    Capacity and Authority of Parties
•    The Consideration for a Bill
•    Negotiation of Bills
•    General Duties of the Holder
•    Liabilities of Parties
•    Discharge of Bill
•    Acceptance and Payment for Honour
•    Lost Instruments
•    Bill in a Set
•    Conflict of Laws

PART III - CHEQUES ON A BANKER
•    Crossed Cheques

PART IV - PROMISSORY NOTES
PART 4A - PRESENTMENT OF CHEQUES AND OTHER INSTRUMENTS BY ELECTRONIC MEANS

PART V - SUPPLEMENTARY
•    Schedules to the Act

CHEQUES ACT 1957
APPENDICES