Section 64
Dishonour By Non-acceptance
(1) A Bill of Exchange shall be deemed to be dishonoured by non-acceptance when the Drawee, or one  of several Drawees not being partners, makes default in acceptance upon being duly required to accept the bill.
(2) If agreed to accept the bill with conditions or the Drawee is incompetent to contract, the Bill of Exchange shall be deemed to be
dishonoured.