(1) Where:
(a) a person (in this subsection referred to as the signer ) signs a cheque for or on behalf of a principal or in a representative capacity;
(b) the signer adds words to the signature indicating that the signer signs for or on behalf of a principal or in a representative capacity; and
(c) the person for or on whose behalf the signer signs the cheque is named, or otherwise indicated with reasonable certainty, in the cheque;
the signer is not personally liable on the cheque.
(2) Where:
(a) a person (in this subsection referred to as the signer ) signs a cheque and adds words to the signature indicating that the signer signs for or on behalf of a principal or in a representative capacity, but:
(i) the signer does not in fact sign for or on behalf of the principal or in the representative capacity, as the case may be; or
(ii) the person for or on whose behalf the signer signs the cheque is not named, or otherwise indicated with reasonable certainty, in the cheque; or
(b) a person (in this subsection also referred to as the signer ) signs a cheque and merely adds words to the signature describing the signer as an agent or as having a representative capacity;
the addition of those words does not prevent the signer from being personally liable on the cheque.