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BILLS OF EXCHANGE ACT 1882 - SECT 81

Effect of crossing on holder.

81. Where a person takes a crossed cheque which bears on it the words "not
negotiable," he shall not have and shall not be capable of giving a better
title to the cheque than that which the person from whom he took it had.

S.82 rep. by 1957 c.36 s.6(3) sch.

Promissory note defined.

© 1882 Crown Copyright

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