Non-Profit Organisations Act, 1997
R 385
Bills of Exchange Act, 1964 (Act No. 34 of 1964)Chapter IICrossed cheques76. Crossings by drawer, or after issue |
(1) | A cheque may be crossed generally or specially by the drawer or a collecting bank. |
[Sub-section (1) substituted by section 34 (a) of Act 56 of 2000.]
(2) | If a cheque is uncrossed the holder may cross it generally or specially. |
(3) | If a cheque is crossed generally the holder may cross it specially. |
(4) | If a cheque is crossed generally or specially, the holder may add the words 'not negotiable'. |
(5) | If a cheque is crossed specially, the bank to which it is crossed may again cross it specially to another bank for collection. |
[Sub-section (5) substituted by section 34 (b) of Act 56 of 2000.]
(6) | [Sub-section (6) deleted by section 34 (c) of Act 56 of 2000.] |