CTHIn ForceAct
Cheques Act 1986
96Rights of institution collecting order cheque not indorsed by payee
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#### 96 Rights of institution collecting order cheque not indorsed by payee
Where:
(a) the payee of a cheque payable to order, without indorsing the cheque, lodges the cheque with a financial institution (the collecting institution) for collection for the payee; and
(b) the collecting institution gives value for, or has a lien on, the cheque;
the collecting institution has such rights (if any) as it would have had if, before the lodgment of the cheque with it, the payee had indorsed the cheque in blank.