Bills of Exchange Act, 1964 (Act No. 34 of 1964)Chapter ILost instruments67. Holder's rights if bill or note is lost or destroyed |
| (1) | If a bill or note is lost or destroyed before it is overdue, the person who was the holder of it may request the drawer or maker to give him another bill or note, as the case may be, of the same tenor, giving adequate security to the drawer or maker, if required, to indemnify him against all persons whatever in case the bill or note alleged to have been lost or destroyed is found again. |
| (2) | If the drawer or maker on such request refuses to give such bill or note he may be compelled to do so. |
[Section 67 substituted by section 24 of Act 56 of 2000.]