Commonwealth Consolidated Acts

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CHEQUES ACT 1986 - SECT 29

Delivery of cheque payable to bearer

    Where the holder of a cheque payable to bearer delivers the cheque to another person (whether or not the holder also indorses the cheque), the delivery of the cheque is effective to transfer the cheque by negotiation, whether or not the holder delivered the cheque to the other person in order to transfer the cheque by negotiation.


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