Commonwealth Consolidated Acts

CHEQUES ACT 1986 - SECT 34

    Where an agent writes or places a signature by procuration on a cheque:

  (a)   the signature operates as notice that the agent has only limited authority to sign for the agent's principal; and

  (b)   the principal is not bound by the signature unless the agent, in signing the cheque, acts within the limits of the agent's actual authority.