Section 7:
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.
7. What bills are negotiable
(1) Where a bill contains words prohibiting transfer, or indicating an intention that it should not be transferable, it is valid as between the parties to
it, but is not negotiable.
(2) A negotiable bill may be payable either to order or to bearer.
(3) A bill is payable to bearer where it is expressed to be so payable, or
where the only or last indorsement is an indorsement in blank.
(4) A bill is payable to order where it is expressed to be so payable, or
where it is expressed to be payable to a particular person, and does not contain words prohibiting transfer or indicating an intention that it should not be
transferable.
(5) Where a bill, either originally or by indorsement, is expressed to be
payable to the order of a specified person, and not to him or his order, it is
nevertheless payable to him or his order at his option.