Commonwealth Consolidated Acts

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CHEQUES ACT 1986 - SECT 39

Every cheque transferable by negotiation

  (1)   Every cheque may be transferred by negotiation until it is discharged.

  (2)   Subsection   ( 1) has effect in relation to a cheque notwithstanding anything written or placed on the cheque.

  (3)   Without limiting the generality of subsection   ( 2), the crossing of a cheque does not affect the transferability of the cheque by negotiation.

  (4)   Nothing in this section affects the transferability of a cheque otherwise than by negotiation.



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