Document ID: chunk:federal_register_of_legislation:C2004A04760:body:0:p5
Version: federal_register_of_legislation:C2004A04760
Segment Type: other
Provision Reference: 
Character Range: 10131–12810

place that is a designated place in relation to the cheque for the purposes of this subsection; and

            (ii) at a time that is a designated time for the drawee bank at that place; and

            (iii) using a means of communication that is a designated means of communication for the drawee bank at that place; or

        (b) in the case of a request to exhibit the cheque or a copy of the cheque of a specified kind—exhibit the cheque or the copy to the drawee bank at:

            (i) the proper place in relation to the cheque; or

            (ii) a place that is a designated exhibition place in relation to the cheque for the purposes of this subsection.

     Note 1: Section 64 defines 'proper place'.
         Note 2: Section 65 defines 'designated exhibition place', 'designated place', 'designated time' and 'designated means of communication'.".

Insertion of new section

16. After section 62 of the Principal Act the following section is inserted:

Internal presentment by bank

"62A.(1) The drawee bank in relation to a cheque makes an internal presentment of the cheque if:

     (a) the drawee bank, 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:

  (a) the cheque is not exhibited; and

     (b) the demand is made at a place that is a notified place in relation to the cheque for the purposes of subsection (1);

the drawee bank may request itself to exhibit the cheque, or a copy of the cheque of a specified kind, to itself at a specified 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 a place that is a notified place in relation to the cheque for the purposes of this subsection.

Note: Section 65A defines 'notified place'.

  "(5) The request must: