Central Bank Act, 1942
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Amendment of the Bills of Exchange Act, 1882, in respect of banker's drafts. |
66.—(1) In this section the expression “banker's draft” means a draft payable on demand drawn by or on behalf of a bank upon itself, whether payable at the head office or at some other office of such bank. | |
(2) Sections 76 to 82 (which relate to crossed cheques) of the Bills of Exchange Act, 1882 , as amended by the Bills of Exchange (Crossed Cheques) Act, 1906, shall apply to a banker's draft as if such draft were a cheque. |