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Cheques Act, 1959 (No. 19)Introductory Text1. Protection of bankers paying unindorsed or irregularly indorsed cheques, etc.2. Rights of bankers collecting cheques not indorsed by holders.3. Unindorsed cheques as evidence of payment.3A.4. Protection of bankers collecting payment of cheques, etc.5. Application of certain provision of Bills of Exchange Act, 1882, to instruments not being bills of exchange.6. Construction, saving and repeal.7. Short title and commencement.Schedule - Enactments Repealed.
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AI Summary of 3. Unindorsed cheques as evidence of payment.

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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 28 October 1959 - onwards
Version 2 of 2

3. Unindorsed cheques as evidence of payment.

An unindorsed cheque which appears to have been paid by the banker on whom it is drawn is evidence of the receipt by the payee of the sum payable by the cheque.

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