Acts Online
GT Shield

Bills of Exchange Act, 1964 (Act No. 34 of 1964)

Chapter II

Crossed cheques

76. 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.]