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Home/Legislation/Cheques Act 1986/39

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Cheques Act 1986

39Every cheque transferable by negotiation

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#### 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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Section 39 - Cheques Act 1986 - Every cheque transferable by negotiation — Zoe