Hong Kong Ordinances

BILLS OF EXCHANGE ORDINANCE - SECT 64

Alteration of bill

(1) Where a bill or acceptance is materially altered without the assent of all
parties liable on the bill, the bill is avoided except as against a party who
has himself made, authorized, or assented to the alteration, and subsequent
indorsers: Provided that where a bill has been materially altered, but the
alteration is not apparent, and the bill is in the hands of a holder in due
course, such holder may avail himself of the bill as if it had not been
altered, and may enforce payment of it according to its original tenor.

(2) In particular, the following alterations are material, namely, any
alteration of the date, the sum payable, the time of payment, the place of
payment, and, where a bill has been accepted generally, the addition of a
place of payment without the acceptor's assent. [cf. 1882 c. 61 s. 64 U.K.]