# Bills of Exchange Act 1882, Section 11: Bill payable at a future time.


A bill is payable at a determinable future time within the meaning of this Act which is expressed to be payable—
(1) At a fixed period after date or sight.
(2) On or at a fixed period after the occurrence of a specified event which is certain to happen, though the time of happening may be uncertain.
An instrument expressed to be payable on a contingency is not a bill, and the happening of the event does not cure the defect.

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Source: https://www.legislation.gov.uk/ukpga/Vict/45-46/61/section/11 (the official version)
Page: https://openlegislation.uk/bills-of-exchange-act-1882/section-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.