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BILLS OF EXCHANGE ACT 1882 - SECT 24

Forged or unauthorised signature.

24. Subject to the provisions of this Act, where a signature on a bill is
forged or placed thereon without the authority of the person whose signature
it purports to be, the forged or unauthorised signature is wholly inoperative,
and no right to retain the bill or to give a discharge therefor or to enforce
payment thereof against any party thereto can be acquired through or under
that signature, unless the party against whom it is sought to retain or
enforce payment of the bill is precluded from setting up the forgery or want
of authority.

Provided that nothing in this section shall affect the ratification of an
unauthorised signature not amounting to a forgery.


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© 1882 Crown Copyright

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