Section 3: When paying agent not to pay
consolidated text (as at 2004). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
3. When paying agent not to pay
No payable order shall be paid by a paying agent unless—
(a) there is on the receipt on its back a signature purporting to be
that of the person to whom or to whose order payment is
authorised under such payable order; or
G11 – 1 [Issue 1]
Government Payable Orders Act
(b) where the payable order has been indorsed to any person or persons or to his or their order, a signature purporting to be that of
such indorsee or of each of such indorsees.
[S. 3 amended by s. 12 (a) of Act 20 of 2002 w.e.f. 30 May 2003.]