Questions On Banking Practice From Vols I Xii Inclusive of the Journal
Questions On Banking Practice From Vols I Xii Inclusive of the Journal
Institute of Bankers Great Britain
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20, sec. 25 ? ANSWER : They are exempt. See 44 and 45 Viet. , c. 20, sec. 5. 741. QUESTION : Does an order on the United States Treasury, payable in dollars at Washington, on demand, require a penny stamp when negotiated in this country ? ANSWER : It does. 742. QUESTION : With reference to sec. 4 of the Bills of Ex- change Act, 1882, do bills drawn in the islands of Man, Guernsey, Jersey, Alderney, and Sark, and negotiated here, require foreign bill stamps ? ANSWER : Yes. 743. QUESTION : Is the... law now in force for bills of exchange, drawn in the Channel Islands, to bear a foreign bill stamp ? ANSWER : The Mercantile Laiv Amendment Act, 19 and 20 Viet. , cap. 97, sec. 7, enacts as follows : " Every bill of exchange or " promissory note drawn or made in any part of the United Kingdom " of Great Britain and Ireland, the islands of Man, Guernsey, Jersey, " Alderney, and Sark, and the islands adjacent to any of them, being " part of the dominions of Her Majesty, and made payable in or drawn " upon any person resident in any part of the said United Kingdom or Questions on Banking Practice.
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