NI Act, Section 48. Negotiation by endorsements

Category of Bare Act Name of the Act Year of Promulgation
Criminal Laws Negotiable Instruments Act 1881
Act Number Enactment Date Chapter Number
26 09.12.1881 4
Chapter Title Ministry Department
Of Negotiation Ministry of Finance Department of Financial Services

Subject to the provisions of section 58, a promissory note, bill of exchange or cheque 1[payable to order], is negotiable by the holder by endorsement and delivery thereof.

________________

1. Substituted by Act 8 of 1919, sec. 4, for “payable to the order of a specified person, or to a specified person or order”.