BILLS OF EXCHANGE ACT - 1961 (ACT 55)

Section - 8 - Bill Payable on Demand

(1) A bill is payable on demand-

(a) which is expressed to be payable on demand or at sight or on presentation; or

(b) in which no time for payment is expressed.

(2) Where a bill is accepted or endorsed when it is overdue it shall, as regards the acceptor who so accepts or any endorser who so endorses it, be deemed a bill payable on demand.