Document ID: chunk:federal_register_of_legislation:C2017C00074:section:62a:p1
Version: federal_register_of_legislation:C2017C00074
Segment Type: section
Provision Reference: s 62A (pt 1/2)
Character Range: 53454–56003

62A  Internal presentment by drawee institution
 (1) The drawee institution in relation to a cheque makes an internal presentment of the cheque if:
 (a) the drawee institution, on behalf of a customer, another financial institution or otherwise, makes a demand for payment of the cheque on itself; and
 (b) either:
 (i) the demand is made by exhibiting the cheque to itself at:
 (A) the proper place in relation to the cheque; or
 (B) a place that is a notified place in relation to the cheque for the purposes of this subsection; or
 (ii) the demand is made otherwise than by exhibiting the cheque and is so made at:
 (A) the proper place in relation to the cheque; or
 (B) a place that is a notified place in relation to the cheque for the purposes of this subsection.
Note 1: Section 64 defines proper place.
Note 2: Section 65A defines notified place.
 (2) If the demand is made:
 (a) otherwise than by exhibiting the cheque; and
 (b) at the proper place in relation to the cheque, or at a place that is a notified place for the purposes of subsection (1);
the drawee institution may:
 (c) request itself to exhibit the cheque, or a copy of the cheque of a specified kind, to itself at a specified place; or
 (d) request itself to provide specified further particulars in relation to the cheque to itself at a specified place.
Note 1: Section 64 defines proper place.
Note 2: Section 65A defines notified place.
 (3) The specified place must be:
 (a) the proper place in relation to the cheque; or
 (b) a place that is a notified place in relation to the cheque for the purposes of this subsection.
Note 1: Section 64 defines proper place.
Note 2: Section 65A defines notified place.
 (4) The request must be made at the proper place in relation to the cheque, or at a place that is a notified place in relation to the cheque for the purposes of this subsection.
Note 1: Section 64 defines proper place.
Note 2: Section 65A defines notified place.
 (5) The request must:
 (a) identify the cheque with reasonable certainty; and
 (b) be in a form that is intelligible to, or readily decipherable by, the drawee institution.
 (6) Without limiting the generality of subsection (5), the request is taken, for the purposes of that subsection, to identify the cheque with reasonable certainty if:
 (a) the sum ordered to be paid by the cheque; and
 (b) the cheque number; and
 (c) the account against which the cheque is drawn; and
 (d) the proper place in relation to the cheque;
are specified in the request or are readily ascertainable by the drawee