Cheques Act 1992

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Cheques Act 1992

Legislation in the United Kingdom that made cheques non-transferrable. That is, the Act forbade the recipient of a cheque (for whom the money is intended) from giving to another the right to receive the money represented on a cheque. The Cheques Act was intended to reduce cheque fraud.
References in periodicals archive ?
No problem, the Cheques Act prohibits the banks to debit.
Modern legislation is in no way as secure as the Cheques Act is in protecting us.
Cheque usage in the UK is governed by the Bills of Exchange Act 1882 and the Cheques Act 1957 and 1992.
The 1992 Cheques Act gives protection to the individual.
Even if someone else has intercepted the warrant, it is in your name - and the new Cheques Act makes it very hard now for someone else to open an account without proof of identity," a spokesman added.