87
CurrentEffect of crossing on holder
Part IIICheques on a banker
Division 2Crossed cheques
87 Effect of crossing on holder
Where a person takes a crossed cheque which bears on it the words “not negotiable”, he or she shall not have and shall not be capable of giving a better title to the cheque than that which the person from whom he or she took it had.
This Act’s bill:Second reading speech
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