CTHIn ForceAct
Papua New Guinea (Transfer of Banking Business) Act 1973
12Bills of exchange
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12 Bills of exchange
The payment by the Papua New Guinea commercial bank of a bill of exchange drawn on, or made payable at, a Commonwealth Bank has, by force of this section, the same effect for all purposes as that payment would have had if the bill of exchange had been drawn on, or made payable at, the Papua New Guinea commercial bank.