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BILLS OF EXCHANGE ACT 1882 - SECT 80

Protection to banker and drawer where cheque is crossed.

80. Where the banker, on whom a crossed cheque is drawn, in good faith and
without negligence pays it, if crossed generally, to a banker, and if crossed
specially, to the banker to whom it is crossed, or his agent for collection
being a banker, the banker paying the cheque, and, if the cheque has come into
the hands of the payee, the drawer, shall respectively be entitled to the same
rights and be placed in the same position as if payment of the cheque had been
made to the true owner thereof.

© 1882 Crown Copyright

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