Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person shall not be taken to be specified in a cheque as payee or indorsee unless the person:
(a) is named, or otherwise indicated with reasonable certainty, in the cheque; and
(b) is not a fictitious or non - existing person.
(2) Where the holder for the time being of an office is specified in a cheque as payee or indorsee, the person who is the holder for the time being of the office shall be taken to be named in the cheque as payee or indorsee, as the case may be.