(1) A person is taken to sign a cheque or other instrument if:
(a) the person's signature is written on the cheque or instrument by the person or by another person acting under the first person's authority; or
(b) the person's signature is placed on the cheque or instrument, as provided in subsection ( 2), by the person or by another person acting under the first person's authority.
(2) A financial institution, or an FCA institution, and a customer of the institution, may agree that the customer's signature may be placed on a cheque or other instrument drawn on or by the institution by a stamp or other mechanical means as provided for in the agreement.