Section 33: Indorsement in blank and special indorsement
consolidated text (as at 2011, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
33. Indorsement in blank and special indorsement
(1) An indorsement in blank specifies no indorsee, and a bill so indorsed
becomes payable to bearer.
(2) A special indorsement specifies the person to whom, or to whose order, the bill is to be payable.
(3) The provisions of this Act relating to a payee apply with the necessary modifications to an indorsee under a special indorsement.
(4) Where a bill has been indorsed in blank, any holder may convert the
blank indorsement into a special indorsement by writing above the indorser’s
signature a direction to pay the bill to or to the order of himself or some
other person.
B7 – 11 [Issue 1]
Bills of Exchange Act