Commonwealth Consolidated Acts Commonwealth Consolidated ActsA cheque is payable to order if the cheque is expressed, whether originally or by indorsement, to require the drawee institution to pay the sum ordered to be paid by the cheque to or to the order of:
(a) a person specified in the cheque as payee or indorsee; or
(b) 2 or more persons specified in the cheque, jointly or in the alternative, as payee or indorsee.