The Short Title of this Act is “The Bills of Exchange Act Amendment Act, 1905”; and it shall form part of and be read together with “The Bills of Exchange Act, 1883” (hereinafter referred to as “the principal Act”).

Where a banker carries on the business of banking at more branches than one he shall for the purposes of sections sixty and seventy-six to eighty-two of the principal Act be deemed to be an independent banker in respect of each of such branches, and for the purposes of the said section sixty a draft issued by one of such branches and payable at another shall be deemed to be a bill.

The protection afforded to a banker by section eighty-two of the principal Act is hereby extended so as to apply where a cheque as therein mentioned has in the ordinary course of business been credited to the account of a customer before it has been collected, and whether or not the customer has, before the cheque has been collected, drawn against the credit thereby established or indorsed the cheque.