单词 | Protest |
释义 | 拒付證明 In relation to bills of exchange, an internationally recognised formal record of the dishonour of a foreign bill for non-acceptance or non-payment. It is a notary’s declaration on behalf of the holder that the bill was presented for payment but was not paid. The notary public must make and sign the protest (Bills of Exchange Ordinance (Cap 19) s 51(7)) and invariably seals it with the notarial seal. The protest must contain a copy of the instrument, and must specify (1) the person at whose request the bill is protested; (2) the place and date of protest, the cause or reason for protesting the bill, the demand made, and the answer given, if any, or the fact that the drawee or acceptor could not be found: s 51(7). A foreign bill, which appears on its face to be a foreign bill, must be duly protested if dishonoured by non-acceptance or non-payment; otherwise the drawer and indorsers are discharged: s 51(2). See also Bill of exchange; Dishonour by non-acceptance; Foreign bill. |
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