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         Bills of Exchange Act
            PART II: BILLS OF EXCHANGE
               Form and Interpretation of Bill

Instrument payable on contingency

17. (1) An instrument expressed to be payable on a contingency is not a bill and the happening of the event does not cure the defect.

Addressed to two or more drawees

(2) A bill may be addressed to two or more drawees, whether they are partners or not, but an order addressed to two drawees in the alternative, or to two or more drawees in succession, is not a bill.

R.S., c. B-5, s. 18.