Section 89C Banker's obligation in relation to accepting physical instrument for presentmentF1
Provision of an electronic image of an instrument does not constitute presentment of the instrument under section 89A if the arrangements between—
(a)
the banker authorised to collect payment of the instrument on behalf of a customer, and
(b)
that customer,
do not permit the customer to pay in the physical instrument but instead require an electronic image to be provided (whether to that banker or to any other person).
Annotations
Textual amendments
- F1
Pt. 4A inserted (26.3.2015, 31.7.2016 in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), ss. 13(2), 164(4)