Hong Kong Ordinances

BILLS OF EXCHANGE ORDINANCE - SECT 17

Definition and requisites of acceptance

(1) The acceptance of a bill is the signification by the drawee of his assent
to the order of the drawer.

(2) An acceptance is invalid unless it complies with the following conditions,
namely-

   (a)  it must be written on the bill and be signed by the drawee. The mere
        signature of the drawee, without additional words, is sufficient;

   (b)  it must not express that the drawee will perform his promise by any
        other means than the payment of money. [cf. 1882 c. 61 s. 17 U.K.]