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Section 88 - Cheques Act 1986 - Cheque not assignment of funds — Zoe

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Cheques Act 1986

88Cheque not assignment of funds

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#### 88 Cheque not assignment of funds The drawing of a cheque does not, of itself, operate as an assignment of funds that are available, in the hands of the drawee institution, for the payment of the cheque.

Previous sectionPart VIDuties and liabilities of financial institutions Next section89Stale cheque