Adam Thomas
SUM PAYABLE. AU/NZ s9.1) the Sum payable by a bill OE is a sum certain within the meaning of this Act, although it is required to be paid.... a) with interest: b) By stated installments c) By stated instalments, with provision that upon default In payment of any instalment the whole shall become due: d) According to an indicated rate of exchange, or according to a rate of exchange to be ascertained as directed by the bill OE: 2) Where the sum payable is expressed in wordsand also in figures, and there is a discreprancy between the 2, the sum denoted by the words is the amount payable. 3) Where a bill OE is expressed to be payable with interest, unless the instrument provides otherwise, interest runs from the date of the bill OE and, if the bill OE is undated, from the issue( the first delivery of a bill OE or promissory note, complete in form, to a person who takes it as a holder) thereof.