Document ID: chunk:federal_register_of_legislation:C2017C00074:section:30
Version: federal_register_of_legislation:C2017C00074
Segment Type: section
Provision Reference: s 30
Character Range: 26144–26817

30  Capacity to incur liability on cheque
 (1) Capacity to incur liability on a cheque is co‑extensive with capacity to contract.
 (2) Subsection (1) does not enable a corporation to incur liability on a cheque if, but for that subsection, it would not have capacity to incur liability on the cheque.
 (3) Where a cheque is drawn or issued by a person who does not have capacity or power to incur liability on a cheque, the cheque is nevertheless a valid cheque.
 (4) Where a cheque is indorsed by a person who does not have capacity or power to incur liability on a cheque, the indorsement is nevertheless effective as an indorsement of the cheque.

Division 5—Signature