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

Chapter II

Crossed cheques

75. General and special crossings on cheques
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(1)If a cheque bears across its face an addition of two parallel transverse lines, either with or without the words 'not negotiable', that addition constitutes a crossing and the cheque is crossed generally.

[Sub-section (1) substituted by section 32 (a) of Act 56 of 2000.]

 

(2)If a cheque bears across its face an addition of the name of a bank, either with or without the words 'not negotiable' or 'and Company' or any abbreviation thereof, that addition constitutes a crossing and the cheque is crossed specially and to that bank.

[Sub-section (2) substituted by section 32 (b) of Act 56 of 2000.]