From: john boyle
Newsgroups: uk.finance
Subject: Re: Cheque into different account?
Date: Mon, 12 Jul 2004 21:30:49 +0100
In message , Tam
writes
>On 11/7/04 21:43, in article kx4w9Fh5Za8AFwcK@johnboyle1.demon.co.uk, "john
>boyle" wrote:
>
>> It doesnt effect transferability or negotiability at all.
>
>Under the Cheque Act, UK cheques are not negotiable instruments. Read the
>prior posts.
To which Cheques Act and to which section are you referring?
The cheques act 1992 modifies the Cheques Act 1957 and the bills of
Exchange Acts. Nowhere can I see where a generally crossed cheque (as
opposed to a restrictively or specially crossed cheque) is non
negotiable.
--
John Boyle
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