Cheques Act 1986
Term(s) | Definition | Defined in Legislation | See Section(s) |
---|---|---|---|
action | includes a counter‐claim and set‐off. |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
agency cheque | means a cheque to which subsection 100(2) applies. Note: Under section 100A, subsection 100(2) may, in specified circumstances, apply to a cheque even if the customer’s signature on the cheque is not authorised. |
Cheques Act 1986 |
Cheques Act 1986 - 3 Interpretation
Cheques Act 1986 - 100 Agency cheques |
Australia | includes the external Territories. |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
bearer | means the person in possession of a cheque payable to . |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
delivery | , in relation to a cheque, means the transfer of possession of the cheque from one person to another. |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
drawee institution | , in relation to a cheque, means the financial institution on which the cheque is drawn. |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
holder | means: (a) in relation to a cheque payable to order—the payee or an indorsee who is in possession of the cheque as payee or indorsee, as the case may be; and (b) in relation to a cheque payable to bearer—the bearer. |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
issue | , in relation to a cheque, means the first delivery of the cheque to a person who takes the cheque as holder. |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
possession | , in relation to a cheque, means (whether actual or constructive) of the cheque. |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
to or to the order of | has the meaning given by subsection (1A). |
Cheques Act 1986 | Cheques Act 1986 - 3 Interpretation |
value | means valuable consideration as defined by section 35. (1A) For the purposes of this Act, a cheque is payable to or to the order of a person or persons if: |
Cheques Act 1986 |
Cheques Act 1986 - 3 Interpretation
Cheques Act 1986 - 35 Valuable consideration defined |