81 Effect of crossing on holder. U.K.
Where a person takes a crossed cheque which bears on it the words “not negotiable,” he shall not have and shall not be capable of giving a better title to the cheque than that which the person from whom he took it had.
Modifications etc. (not altering text)
C1S. 81 extended by Cheques Act 1957 (c. 36, SIF 14), s. 5, S.I 1972/641, reg.7(2), 1972/764, reg. 21(5), 1972/765, reg. 8(2) and 1976/2012, reg.22(2)
C2Ss. 78–81 extended by S.I. 1984/779, reg. 7(2)
Ss. 78-81 extended by S.I. 1991/1031, reg. 7(2)
Ss. 78-81 applied by S.I. 1991/1407, reg. 7(2)
C3Ss. 78-81 applied (6.4.2015) by The National Savings (No. 2) Regulations 2015 (S.I. 2015/624), regs. 1(1), 96
C4Ss. 78-81 applied (with modifications) (6.4.2015) by The National Savings Regulations 2015 (S.I. 2015/623), regs. 1(1), 58