{
  "url": "https://openlegislation.uk/bills-of-exchange-act-1882/section-8",
  "json_url": "https://openlegislation.uk/bills-of-exchange-act-1882/section-8.json",
  "legislation": "ukpga/Vict/45-46/61",
  "legislation_title": "Bills of Exchange Act 1882",
  "legislation_url": "https://openlegislation.uk/bills-of-exchange-act-1882",
  "path": "section/8",
  "kind": "section",
  "number": "8",
  "heading": "What bills are negotiable.",
  "text": "(1) When a bill contains words prohibiting transfer, or indicating an intention that it should not be transferable, it is valid as between the parties thereto, but is not negotiable.\n(2) A negotiable bill may be payable either to order or to bearer.\n(3) A bill is payable to bearer which is expressed to be so payable, or on which the only or last indorsement is an indorsement in blank.\n(4) A bill is payable to order which is expressed to be so payable, or which is expressed to be payable to a particular person, and does not contain words prohibiting transfer or indicating an intention that it should not be transferable.\n(5) Where a bill, either originally or by indorsement, is expressed to be payable to the order of a specified person, and not to him or his order, it is nevertheless payable to him or his order at his option.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/Vict/45-46/61/section/8",
    "retrieved_at": "2026-10-29T12:40:57.253128+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}