The Tender For Law

Volume 6

Jun 03, 2015 2:53 PM

Age Thomson

Is a lien a "negotiable instrument" ?

The definition of "negotiable instrument" in the financial administration act finishes with ..."and any other similar instrument"

I am trying to connect some dots here myself. I have an unpaid invoice, that I expect will soon get to the lien stage. I am wondering if it will itself become a negotiable instrument. If it is, then it is money right? I could then give it away to a charitible non-profit organization and get a tax reciept correct? I could then have the accountant do the tax return for the person I administrate and there would be a large refund there that I could do something constructive with?

Am I way off here?