Non-Reason Of Bill And The Bill Legislation In China

Notes of non-causative nature principle what has long been accepted by countries, is considered to be the basic principles of modern commercial law. Although the international community countries has been unable to form a unified system of paper so far because of their commercial development history or habits of the different legislation. However, there has formed a consensus of the notes in treating the standpoint of non-causative nature, and has thought that paper non-causative nature principle is the soul of modern instrument system. But, regrettably, notes the principle of non-causative nature is still failed to embody in the instrument in our country law and the practice. Regulations on paper of non-causative nature principle in the negotiable instrument law of our country is put a fuzzy position, The related judicial interpretation is frequently very different from the administrative rules on paper the regulation of non-causative nature, and Chinese legal system for paper content conflict each other, it not only seriously affected the function of the play but also hampered the further development of paper market in our country. In order to promote the healthy development of our bill system and the efficiency of the bill circulation, it is imperative to clear the non-causative nature principle position and unify our country bill legislation. Through the non-causative nature theory combing of the development of the bill and discussion on value, and inspecting outside paper non-causative nature legislation, and drawing lessons from the beneficial experience, we can bill non-causative nature legislation suggestions aimed at our bills non-causative nature legislation at present.