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Bills of Exchange Act · s 76

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s 76General and special crossings defined

(1)

Where a cheque bears across its face an addition of —

(a)

the words “and company” or any abbreviation thereof between two parallel transverse lines, either with or without the words “not negotiable”; or

(b)

two parallel transverse lines simply, either with or without the words “not negotiable”, that addition constitutes a crossing, and the cheque is crossed generally.

(2)

Where a cheque bears across its face an addition of the name of a banker, either with or without the words “not negotiable”, that addition constitutes a crossing, and the cheque is crossed specially and to that banker.