INSTRUMENTS ACT 1958 - SECT 14 Certain instruments deemed to have been given for an illegal consideration

INSTRUMENTS ACT 1958 - SECT 14

All bills notes cheques or mortgages drawn accepted made given granted or entered into or executed by any person or persons whomsoever where the whole or any part of the consideration is for any money or other valuable thing whatsoever won by gaming or playing at cards dice tables tennis bowls or other game or games whatsoever or by betting on the sides or hands of those who game at any of the games aforesaid or for the reimbursing or repaying any money knowingly lent or advanced for such gaming or betting as aforesaid or lent or advanced at the time and place of such play to any person or persons so gaming or betting as aforesaid or that during such play so play or bet shall be deemed and taken to have been drawn accepted made given granted or entered into or executed for an illegal consideration:

S. 14 (Proviso) substituted by No. 73/2008 s. 31.

Provided that this section does not apply to any bill, note, cheque or mortgage where the whole or part of the consideration is for money won by betting by or with a bookmaker in accordance with section 4 of the Racing Act 1958 .

Part III—Policies and contracts of insurance

Division 1—Marine policies

No. 3706 s. 15.

S. 15 amended by No. 25/2023 s. 7(Sch.  1 item 16.1).