83
CurrentCrossing by drawer or after issue
Part IIICheques on a banker
Division 2Crossed cheques
83 Crossing by drawer or after issue
(1)
A cheque may be crossed generally or specially by the drawer.
(2)
Where a cheque is uncrossed, the holder may cross it generally or specially.
(3)
Where a cheque is crossed generally, the holder may cross it specially.
(4)
Where a cheque is crossed generally or specially, the holder may add the words “not negotiable”.
(5)
Where a cheque is crossed specially, the banker to whom it is crossed may again cross it specially to another banker for collection.
(6)
Where an uncrossed cheque, or a cheque crossed generally, is sent to a banker for collection, he or she may cross it specially to himself or herself.
This Act’s bill:Second reading speech
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