← belizelaw.ai · Bills Of Exchange, Cap. 245 · PART II — Bills of Exchange, Form and Interpretation
General and qualified acceptances
Cap. 245, s. 19 · Revised Edition 2020
(1) An acceptance is either,
(a) general; or
(b)
(2) A general acceptance assents without qualification to the order of the drawer.
(3) A qualified acceptance in express terms varies the effect of the bill as drawn and in particular an acceptance is qualified which is,
(a) conditional, that is to say, which makes payment by the acceptor dependent on the fulfilment of a condition therein stated;
(b) partial, that is to say, an acceptance to pay a part only of the amount for which the bill is drawn;
(c) local, that is to say, an acceptance to pay only at a particular specified place; however an acceptance to pay at a particular place is a general acceptance, unless it expressly states that the bill is to be paid there only and not elsewhere;
(d) qualified as to time;
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(e) the acceptance of some one or more of the drawees, but not of all.
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