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[Cites 0, Cited by 1] [Section 3] [Entire Act]

British India - Subsection

Section 3(3) in Bills of Exchange Act 1882

(3)An order to pay out a particular fund is not unconditional within the meaning of this section; but an unqualified order to pay, coupled with (a) an indication of a particular fund out of which the drawee is to re-imburse himself or a particular account to be debited with the amount, or (b) a statement of the transaction which gives rise to the bill, is unconditional.