NI Act, Section 17. Ambiguous instruments

Category of Bare Act Name of the Act Year of Promulgation
Criminal Laws Negotiable Instruments Act 1881
Act Number Enactment Date Chapter Number
26 09.12.1881 2
Chapter Title Ministry Department
Of Notes, Bills and Cheques Ministry of Finance Department of Financial Services

Where an instrument may be construed either as a promissory note or bill of exchange, the holder may at his election treat it as either and the instrument shall be thenceforward treated accordingly.