Commonwealth Consolidated Acts

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BILLS OF EXCHANGE ACT 1909 - SECT 9

Inland and foreign bills

             (1)  An inland bill is a bill which is, or on the face of it purports to be:

                     (a)  both drawn and payable within Australasia; or

                     (b)  drawn within Australasia upon some person resident therein.

Any other bill is a foreign bill.

             (2)  Unless the contrary appear on the face of the bill, the holder may treat it as an inland bill.



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