Regulation 2
Rectification of error
of Revised Edition of the Laws (Bills of Exchange Act) (Rectification) Order 2010
Subsidiary LegislationIn forceProvision 2 of 2
Regulation 2
In section 76 of the Bills of Exchange Act (Cap. 23, 1999 Ed.) and the Bills of Exchange Act (Cap. 23, 2004 Ed.), delete subsection (1) and substitute:“(1) Where a cheque bears across its face an addition of —“(a)the words “and company” or any abbreviation thereof between 2 parallel transverse lines, either with or without the words “not negotiable”; or
(b)
2 parallel transverse lines simply, either with or without the words “not negotiable”, that addition constitutes a crossing, and the cheque is crossed generally.”.