Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CHEQUES ACT 1986 - SECT 39

Every cheque transferable by negotiation

             (1)  Every cheque may be transferred by negotiation until it is discharged.

             (2)  Subsection (1) has effect in relation to a cheque notwithstanding anything written or placed on the cheque.

             (3)  Without limiting the generality of subsection (2), the crossing of a cheque does not affect the transferability of the cheque by negotiation.

             (4)  Nothing in this section affects the transferability of a cheque otherwise than by negotiation.



[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]