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Bills of Exchange Act 1882

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Changes over time for: Section 24

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Point in time view as at 16/04/1991.

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There are currently no known outstanding effects for the Bills of Exchange Act 1882, Section 24. Help about Changes to Legislation

24 Forged or unauthorised signature.U.K.

Subject to the provisions of this Act, where a signature on a bill is forged or placed thereon without the authority of the person whose signature it purports to be, the forged or unauthorised signature is wholly inoperative, and no right to retain the bill or to give a discharge therefor or to enforce payment thereof against any party thereto can be acquired through or under that signature, unless the party against whom it is sought to retain or enforce payment of the bill is precluded from setting up the forgery or want of authority.

Provided that nothing in this section shall affect the ratification of an unauthorised signature not amounting to a forgery.

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