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Regulation 7 Verification of delivery of cheques to banks

Original text. Later amendments are not shown.

(1)

The licensee shall provide verification of the particulars which by virtue of paragraph (2)(f) of regulation 5 above are included in the record required by that regulation in respect of each gaming cheque, other than a redeemed cheque, and each substitute cheque by means of a document which satisfies the requirements of paragraph (2) below.

(2)

Those requirements are that, in respect of the cheque or cheques to which the document relates, the document shall:

(a)

show the amount for which the cheque is made out; and

(b)

be endorsed (whether by means of a stamp or otherwise) by the banker or an employee of his at the bank to which the cheque was delivered for payment or collection with the name of that banker together with the date of that delivery.