Section 78: Protection to banker and drawer
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.
78. Protection to banker and drawer
Where the banker, on whom a crossed cheque is drawn, in good faith and
without negligence pays it, if crossed generally, to a banker, and if crossed
specially, to the banker to whom it is crossed or his agent for collection being a banker, the banker paying the cheque, and, if the cheque has come
into the hands of the payee, the drawer, shall respectively be entitled to the
same rights and be placed in the same position as if payment of the cheque
had been made to the true owner.