In force2023 Revised EditionCurrent version · 2023 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Bills of Exchange Act · 2023 Revised Edition · Part · Cheques on Banker
Bills of Exchange Act · 2023 Revised Edition · Part · Cheques on Banker
Official textFrom Attorney General's Chambers, unchanged
A banker who gives value for, or has a lien on, a cheque payable to order which the holder delivers to him for collection without indorsing it, has such (if any) rights as he would have had if, upon delivery, the holder had indorsed it in blank.
banker
“banker” includes a body of persons, whether incorporated or not, who carry on the business of banking;
banker
“banker” includes a body of persons, whether incorporated or not, who carry on the business of banking;
delivery
“delivery” means transfer of possession, actual or constructive, from one person to another;
holder
“holder” means the payee or indorsee of a bill or note who is in possession of it, or the bearer thereof;
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